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ico_home You are here: Personal > Saving & Investments > Instant Access Accounts > eSaver

eSaver

Why choose an eSaver (Issue 2)?

Save from just £1 up to £2 million.


Open online; it's easy and takes just a few minutes.


Manage online 24 hours a day, every day, with our secure and easy to use Internet Banking.


Cash card - The account comes with a cash card, allowing you to withdraw up to £300 per day from cash machines.


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Interest Rate and Bonus details

Interest Rate Details:
Earn 2.75% gross/AER (variable) for 12 months on all the money saved in the account, after which the underlying rate, currently 0.50% gross/AER (variable), applies.

Bonus Detail:
Bonus of 2.25% gross/AER (variable) included in the rate for 12 months from account opening.

Interest Payment:
Interest is calculated daily and received monthly or annually.


 

   Gross pa / AER(including bonus)  Gross Monthly equivalent(including bonus)
£1+    2.75%  2.72%

 

Rate is variable and includes a variable 2.25% gross/AER bonus for 12 months from account opening. More details.


Rates are variable and effective from 27 July 2010.

Apply now

 

Further information

  • Only one account person is permitted, in either single or joint names.
  • Annual or monthly interest can be credited into the account or to another Santander account. Annual interest can be credited to a non-Santander account.  The account nominated to receive interest cannot be changed once set.

 

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 before income tax is taken off.

 

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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. Rates may change and we pay interest each month or year.