Branch Saver (Issue 5)

Why choose a Branch Saver?

Rate - A variable rate of 1.25% gross/AER for the first 12 months 0.10% gross paid in any month where withdrawal(s) are made.

Save - Save from £1 - £2,000,000 (minimum opening balance £5,000).

Managing the account

Instant Access - to your money through branch, telephone, ATM and online banking.

Apply - You can apply for a Branch Saver (Issue 5) by calling 0800 032 4604 or by visiting any Santander branch.

Branch Locator

Important Information

Key product information for our Branch Saver (Issue 5)
Account name	Branch Saver (Issue 5)
Interest Rates (AER)	View our current rates After 12 months the account will become an Everyday Saver account, paying 0.50% gross/AER (variable)
Tax status	Net interest earned unless an R85 is registered on the account for receipt of gross interest.
Conditions for bonus payment	For any month in which a withdrawal is made, a lower rate of 0.10% gross/AER variable is earned.
Withdrawal arrangements	Withdrawals can be made via branch, over the telephone, via Internet Banking or at a cash machine. Money can be transferred internally to another Santander account or externally to another bank or building society account. External transfers are not possible via Internet Banking.
Access	This account can be opened in branch or via the telephone.

Rates are subject to availability, variable, effective from 15th March 2013

Eligibility

UK residents aged 16 or over;
One account per person;
Account can only be held in single or joint names.

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 and information correct as at 15th March 2013

Branch Saver (Issue 5)

Important Information

Eligibility

Useful Information