Santander has raised the internet account stakes with the new issue of its popular ESaver account.
A 0.15% increase in the bonus rate to 2.40% means the account now pays 2.90%, equal to the market leader for no notice internet operated accounts.
The account also has a low minimum investment of £1, the added flexibility of a cash card and the ability to make unlimited withdrawals.
Although a review of the account's competitiveness will be required after 12 months when the bonus expires, four out of five Moneyfacts stars are richly deserved.
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