Santander has increased the rate paid on its popular eSaver account.
The eSaver (Issue 3) rate and bonus have been increased by 0.10%. The new rate of 3.00% includes a 2.50% bonus for 12 months.
The monthly option has also been increased, although all other terms and conditions remain unchanged.
This 0.10% rate and bonus increase on its popular internet account sees Santander improve its position within the no notice internet market.
Now paying 3.00%, it sits just below the current market leaders. The account does have a low minimum investment and the ability to make unlimited withdrawals.
A review will be required after 12 months when the bonus expires. The monthly option also pays a competitive rate for those looking to supplement their income.
Four out of five Moneyfacts stars have been awarded.
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