Santander UK has today increased the interest offered on its one year and two year fixed rate ISAs. From today Santander’s one year fixed rate ISA pays 5.60% AER/tax-free and Santander’s two year fixed rate ISA pays 5.45% AER/tax-free1.

Santander is also offering customers switching in an ISA with at least £10,000 in value from another provider a £50 e-voucher2.

Customers can open a fixed rate ISA online or in branch.

Santander’s full range of savings products, which can all be opened online or in branch, are:

  • Santander Edge Saver (7.00% AER/6.78% gross for 12 months)
  • Fixed rate ISA (5.45%-5.60% AER/tax-free depending on term length)
  • Regular Saver (5.00% AER/gross for 12 months)
  • Easy Access ISA (3.20% AER/tax-free variable for 12 months)
  • Easy Access Saver (2.50% AER/gross for 12 months)

More information about Santander’s fixed rate ISAs and savings product can be found on the Santander website and in branch.

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The information contained in our press releases is intended solely for journalists and should not be used by consumers to make financial decisions.


  1. The one year fixed rate ISA previously paid 5.05% AER/tax-free. The two year ISA previously paid 5.10% AER/tax-free.
  2. A full list of places where the eVoucher can be spent is online here.

Santander UK is a financial services provider in the UK that offers a wide range of personal and commercial financial products and services. At 30 June 2023, the bank had around 19,400 employees and serves around 14 million active customers, 7 million digital customers via a nationwide 445 branch network, telephone, mobile and online banking. Santander UK is subject to the full supervision of the FCA and the PRA in the UK. Santander UK plc customers’ eligible deposits are protected by the FSCS in the UK.

Banco Santander (SAN SM, STD US, BNC LN) is a leading commercial bank, founded in 1857 and headquartered in Spain. It has a meaningful presence in 10 core markets in the Europe, North America and South America regions, and is one of the largest banks in the world by market capitalization. Santander aims to be the best open financial services platform providing services to individuals, SMEs, corporates, financial institutions and governments. The bank’s purpose is to help people and businesses prosper in a simple, personal and fair way. Santander is building a more responsible bank and has made a number of commitments to support this objective, including raising €220 billion in green financing between 2019 and 2030. In the first half of 2023, Banco Santander had €1.25 trillion in total funds, 164 million customers, 9,000 branches and 212,000 employees.