1|2|3 Business World customers are eligible for a preferential rate. See below for more information.
|Account name||Business Reward Saver (Issue 9)|
|What is the interest rate?|| |
Issue 9 (available from 4 October 2018)
|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 14 days before the rate changes. This is detailed in Condition 18 in our General Terms & Conditions.|
|What would the estimated balance be after 12 months based on a £1,000 deposit?|| |
Example below assumes that deposit made on 1st of the month, no withdrawals made and no change to interest rates.
Example below assumes that deposit made on 1st of the month, one withdrawal made, no change to interest rates and that account balance remains at £1,000.
|How do I open and manage my account?||Eligibility |
You can apply for a Business Reward Saver Account if:
To be eligible for the higher interest rate on the Business Reward Saver, you must be a 1|2|3 Business World customer at the point of opening (see ‘1|2|3 Business World eligibility’ section in ‘Additional information’).
|Can I withdraw money?|| |
|Additional information|| |
1|2|3 Business World eligibility
Closing the account
Full Account details can be found in the Key Facts Document on the Terms and Conditions tab
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Everything you need to know before you apply
We recommend reading the information in the documents below before you apply. You may like to save or print them so you can refer to them in the future.
General Terms & Conditions (pdf) including Terms of Business
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Please make sure you read the product terms and conditions, including the product factsheet, before you apply.
You can apply for a Business Reward Saver if:
To be eligible for the higher interest rate on the Business Reward Saver you must be a 1|2|3 Business World customer at the point of opening.
A 1|2|3 Business World customer is someone who holds a 1|2|3 Business Current Account (including Start-up and Switcher offers). All customers must meet the eligibility criteria for the 1|2|3 Business Current Account (including Start-up and Switcher offers) and 1|2|3 Business World offer.
If you have more than two directors, owners (shareholders) or partners or your business entity isn't listed above, please visit Corporate & Commercial Banking.
You can apply for a single account or a joint account with up to 10 account holders.
Apply by phone
Call us on 0800 077 8839.
Lines are open Monday to Friday 8am to 7pm.
Apply in branch
Contact your local branch to see if a Business Relationship Manager is available to support you.
To change your account details you will need to complete and return the Change of Details form. Once complete please return the form to Santander Business Banking, Bridle Road, Bootle L30 4GB. If you require assistance with your request please call the Business Banking contact centre on 0800 731 6666. Servicing lines are open between 8am to 9pm Monday to Friday and 8am to 2pm on Saturdays. Sales lines are open between 8am to 7pm Monday to Friday.
If your business is a Club or Society, you’ll need to complete the Change of Details form for Clubs and Societies.
You can access your accounts via Online Banking, Telephone and Mobile Banking, but not via branch or Post Office.
Yes, ATM cards are available for cash withdrawals and balance information on both the Business Everyday Saver and Business Reward Saver.
Call us on 0800 731 6666. Lines open 8am to 9pm Monday to Friday and 8am to 2pm on Saturdays.
Limited Liability Partnerships
Private Limited Companies
Your business must have up to two directors, owners (shareholders) or partners.
If you would like a relationship managed service or have comprehensive banking, international business or larger lending needs, please visit Corporate & Commercial Banking.
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.
Gross rate explained
The gross rate is the interest rate we pay where no income tax has been deducted.
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