|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. 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.
|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 4 December 2017.
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Everything you need to know before you apply
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Rates and information correct as at 4 December 2017.
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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