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Santander raises internet savings stakes

Santander raises internet savings stakes

Category: Savings

Updated: 08/02/2011
First Published: 08/02/2011

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

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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Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.