|Effective date||Tier||AER/gross (variable)|
|Before 7 July 2020||£1+||0.20%|
|From 7 July 2020||£1+||0.01%|
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.
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.
|Effective date||Interest earned||AER/gross (variable)|
|Everyday Saver Before 7 July 2020||£2.00||£1,002.00|
|Everyday Saver From 7 July 2020||£0.10||£1,000.10|
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.
To open the account you must be:
- a UK resident, account can be held in single or joint names; and
- aged 16 or over.
This account can be opened in trust for children aged 11 or over. For accounts opened in trust for children aged under 13, the trustee must be a UK resident, aged 18 or over and have parental responsibility for the child.
- Log on to Online Banking and apply.
- Visit any Santander branch.
Minimum opening and account balance of £1, the maximum balance at any time is £2 million. Deposits can be made at any time via standing order, one-off payments or online transfers.
Manage the account
- Online and Mobile Banking, branch, telephone and cash machines.
- A cash card can be requested or the account can be linked to an existing Santander card.
Statements are issued annually in April. We provide you with information about transactions on your account by posting them to Online Banking for you to view at any time. You can also request this information in branch or by calling us on 0800 9 123 123.
Yes, withdrawals can be made in Online and Mobile Banking, in branch, over the telephone and at any Santander cash machine.
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 2 June 2020.