|Account name||Everyday Saver|
|What is the interest rate?||
Interest is calculated daily and paid annually on the anniversary of account opening. Interest can be paid back into this account or another suitable Santander account.
|Can Santander change the interest rate?||Yes, the rate can go up or down e.g. in response to industry and market conditions. If the rate goes down, we’ll let you know around 2 months before the rate changes.|
|What would the estimated balance be after 12 months based on a £1,000 deposit?||
Estimate assumes that the account is opened and deposit is made on 1st of the month and no change to interest rates.
This illustration is only an example and doesn't take into account individual circumstances.
|How do I open and manage my account?||
To open the account you must be:
This account can be opened in trust for children aged 11 or over.
Minimum opening and account balance of £1, maximum of £2 million. Deposits can be made at any time via standing order, one-off payments or online transfers.
Manage the account
|Can I withdraw money?||Yes, withdrawals can be made in Online and Mobile Banking, in branch, over the telephone and at any Santander cash machine.|
|Additional information||You can cancel the account within 14 days of opening and your money will be returned in full with interest.|
The Everyday Saver is subject to availability. Rates and information correct as at 13 March 2017.
- Pay your main income of at least £5,000 per month into a Santander current account (excluding transfers from other Santander accounts), or
- Maintain £75,000 in any Santander investment(s), savings or current account; or
- Have a property worth at least £500,000 with a Santander mortgage.