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Santander interest rate increased

Discussing offers, rates and deals on suppliers
Steveam
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Santander interest rate increased

#578289

Postby Steveam » March 24th, 2023, 9:45 pm

We're increasing the interest rate on your eSaver Limited Edition (Issue 1) to 3.25% AER / 3.20% gross (variable).

Best wishes,

Steve

Fluke
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Re: Santander interest rate increased

#578516

Postby Fluke » March 26th, 2023, 9:38 am

Steveam wrote:We're increasing the interest rate on your eSaver Limited Edition (Issue 1) to 3.25% AER / 3.20% gross (variable).

Best wishes,

Steve


And it's easy access but not sure it's available to new customers. Chip (whoever they are) are paying 3.4% easy access. Not bad.

https://www.moneysavingexpert.com/savin ... -interest/

didds
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Re: Santander interest rate increased

#578734

Postby didds » March 27th, 2023, 9:36 am

Fluke wrote:And it's easy access but not sure it's available to new customers. Chip (whoever they are) are paying 3.4% easy access. Not bad.

https://www.moneysavingexpert.com/savin ... -interest/



its FAQ says (FYI etc)

Deposits are protected in ClearBank. Chip isn't a bank, but has partnered with ClearBank to offer its 3.4% instant-access account, so once your money's in there, it has the usual £85,000 UK savings safety protection. So if Chip or ClearBank went bust, you'd get your money back (though it may take longer than if you had a direct relationship with the bank).

didds
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Re: Santander interest rate increased

#578759

Postby didds » March 27th, 2023, 11:27 am

update: Chip proved VERY simple to join/set up and deposit £1. WAY easier than Chase had been. And chip offer 0.3% higher currently, instant access


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