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Santander announces change to in-credit interest rate on 1|2|3, Select and Private Current Accounts
recent reduction in the Bank of England Base Rate to an all time low of 0.10%. It also takes account of the ongoing financial impact of regulatory changes in the banking industry. Susan Allen, Head of Retail Banking at Santander, said: “While we have ... much cashback and interest they’ve earned to date from their current account by logging in to online or mobile banking. To further support customers manage their finances, Santander will also be contacting the small number of those for whom the change
https://www.santander.co.uk/about-santander/media-centre/press-releases/santander-announces-change-to-in-credit-interest-rateSantander launches new online bereavement service
bank know about a death. Friends and relatives can already use Santander’s branch network or telephone service to let the bank know about a death, or notify the bank in writing. The new online service gives them another way to inform the bank ... comfort of their own home at the time of day that suits them, without the need to speak directly to the bank; and Santander’s specialist Bereavement Assist team will be on hand to offer support by telephone during the process if needed
https://www.santander.co.uk/about-santander/media-centre/press-releases/santander-launches-new-online-bereavement-serviceHouseholds underestimate annual bills by £39 billion
year ahead, new research from Santander Current Accounts1 reveals bill payers underestimated their main expenses - council tax, utilities and TV, phone and broadband - by an average of £1,4592 last year. That’s equivalent to almost £39 billion3 across ... debit 1% cashback on water, council tax and Santander mortgages 2% cashback on electricity and gas 3% on mobile, home phone, broadband, paid-for TV packages The 1|2|3 Current Account also pays in-credit interest 1% AER on the entire balance, once
https://www.santander.co.uk/about-santander/media-centre/press-releases/households-underestimate-annual-bills-by-ps39-billion-0Santander cautions against crypto cons
link and shares their contact details in order to find out more. 3. They are then contacted by phone, email or social media, and are often offered high returns on the crypto investment with little or no risk. The fraudster will often ... your behalf remotely. • Be cautious of any investment offers whether made on social media or over the phone. If you’re thinking about making an investment, thoroughly research the company first and consider getting independent advice
https://www.santander.co.uk/about-santander/media-centre/press-releases/santander-cautions-against-crypto-consSantander rings the alarm for the festive season as scammers steal nearly £2 million last Christmas
January 2024 shows: In total, 596 scams were reported by the bank’s retail and business customers. On Christmas Day itself, customers contacted the bank about ten scams, worth £3,971 On Boxing Day, 25 scams were ... time to think before making a payment and pay extra attention to the warnings you bank shows you while making it. They’re in place to help you bank safely and avoid being scammed. Be wary of buying good from a social
https://www.santander.co.uk/about-santander/media-centre/press-releases/santander-rings-the-alarm-for-the-festive-season-asSantander Cycles MK celebrates relaunch with free hire offer
nextbike app to make things more convenient. For example, users can now rent by simply scanning the bike code on your phone. Login details will stay the same, but users will need to download the nextbike app to continue using the scheme (iOS users ... commercial financial products and services. It has brought real competition to the UK, through its innovative products for retail customers and relationship banking model for UK SMEs. At 30 June 2019, the bank had around 24,000 employees. It serves around 15 million active
https://www.santander.co.uk/about-santander/media-centre/press-releases/santander-cycles-mk-celebrates-relaunch-with-free-hire-offerSantander introduces single interest rate on Arranged Overdraft borrowing and removes all Unarranged Overdraft charges
will charge a rate of 39.9% EAR with the exception of the Choice Account (see below). From 6 April, the bank will also be removing all unarranged charges and paid item fees. All unpaid item fees were removed on 10 December 2019.The new rate ... previous charges; and details of third-party advisers and charities who customers can contact for further support.Susan Allen, Head of Retail Banking at Santander, said: “The new single interest rate, combined with the removal of all other overdraft charges from our personal current accounts
https://www.santander.co.uk/about-santander/media-centre/press-releases/santander-introduces-single-interest-rate-on-arranged-overdraft-borrowing-and-removes-all-unarranged-overdraft-chargesUK's most entrepreneurial students unveiled
Start-up: Power a life – University of Strathclyde Social business which retails high quality mobile phone power accessories to ethically minded smart phone users in the UK / EU, using a buy-one, give-one model. The company gives a solar light to a school ... want to get away from. Runner-Up Idea Stage: MeeTwo – Birkbeck, University of London MeeTwo is a safe, moderated app for phone and web where young people can openly express their concerns or ask difficult questions without fear of recrimination, repercussion, intimidation or bullying
https://www.santander.co.uk/about-santander/media-centre/press-releases/uks-most-entrepreneurial-students-unveiledStudent's big ideas for the future of banking announced
through rhythmic tapping, using a favourite song for example, on a mobile device. Matt Hutnell added: “The worlds of technology and banking continue to evolve at pace, and it is vital that we engage the brightest young minds to help shape this. Nurturing young ... validation. Bournemouth University Adam Rutherford Forensic Computing and Security Authentication through an invisible text to phone and an added layer of security that uses shaking/movement of phone for validation. Bournemouth University Flynn Wallace Acworth Cyber Security Management Biometric Security to provide two factor authentication, implemented
https://www.santander.co.uk/about-santander/media-centre/press-releases/students-big-ideas-for-the-future-of-banking-announcedSantander announces changes to in-credit interest rate and fee on 1|2|3, Select and Private Current Accounts
they make their purchase with their Santander debit or credit card. Susan Allen, CEO, Retail and Business Banking at Santander, said: “With the Bank of England base rate remaining at its lowest level on record, and significant recent reductions in interest rates ... monthly fee, we’ve ensured the accounts continue to provide customers with long term, everyday value, and Santander remains the only bank to offer both in-credit interest and cashback on household bills.”Santander will be contacting all customers over the next month
https://www.santander.co.uk/about-santander/media-centre/press-releases/santander-announces-changes-to-in-credit-interest-rate