Instant Access Saver

Get a great rate on your savings
The Instant Access Saver (Special Issue 3) is Santander’s telephone and branch savings account that gives you a great rate of interest. Save from £1,000 and benefit from a very competitive variable rate of 2.50% gross/AER on balances of at least £1000. This includes a variable rate bonus for the first 12 months, which is currently 1.50% gross/AER. There is no ebanking or cash machine facility on this account. For any period that your balance drops below £1,000 a rate of 0.10% gross/AER will apply.

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Why choose the Instant Access Saver?

Rate a great variable rate of 2.50% gross/AER for the first 12 months and 1.00% gross/AER thereafter.
Save any amount from £1,000 to £2,000,000.
Bonus – Includes a variable rate bonus for the first 12 months, which is currently 1.50% gross/AER. For any period that your balance drops below £1,000 a rate of 0.10% gross/AER will apply.
Interest - Interest is paid annually on the anniversary of the account opening.
Manage your money – get instant access through the branch or telephone. In branch, you just need your account number plus two forms of ID to access the account. You will need to answer some additional security questions should you use the telephone.
There is no Online Banking or cash machine facility on this account.

Instant Access Saver – Enhanced rates for the first 12 months
Tier	Gross rate / AER (variable)
£1,000+	2.50% AER
£1+	0.10% AER

Includes a variable rate bonus for the first 12 months, which is currently 1.50% gross/AER, after which standard rates apply. All rates above are variable. For further details on interest rates please click here.

How are payments and withdrawals made?
Additional deposits and withdrawals can be made over the telephone or via Santander branches.

The Instant Access saver account is not available to anyone who already has an existing Instant Access Saver account, or has held one at any time in the last 12 months before making the new application.

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Further information
Includes a variable rate bonus for the first 12 months, which is currently 1.50% gross/AER. The bonus rate is added to accounts with a balance over £1,000 but not more than £2,000,000.

Rates may vary and are effective from 1st April 2009.

AER stands for Annual Equivalent Rate and shows what the interest rate would be if we paid interest and added it to your account each year. The gross rate is the interest rate we pay before income tax is taken off.

Instant Access Saver

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