Santander 3% savings account

You used to be able to have two and one joint , so for a couple thats five accounts and quite easy to set up the direct debits to get the full benefit

lacmac wrote: »

I am interested in the aboves deal for obvious reasons,as there are very few banks offering such a rate.

This one is limited to £20,000.

My question is,say I had £80,000 would I be able to open 4 accounts to get the 3% for each one?

I know it is unlikely but I thought I'd ask.

You may also be interested in:


Lloyds Club account - pays 4% on a balance of 5k.
TSB Classic Plus - pays 5% on a balance of 2k.
Tesco Current account (you can have two of these) pays 3% on balances of 3k per account.
Bank of Scotland Current Account with Vantage - pays 3% on balances of 5k and I think you can have three of these accounts.


They all require minimum funding once a month. So it's a question of moving money into and out of each of them to satisfy the relevant demands of the accounts. Some accounts also require you to set up a minimum of two direct debits on them.

Nationwide have a FlexDirect account that pays 5% AER for 12 months on in-credit balances up to £2500. You must pay in £1,000 per month (excluding internal transfers) to get this rate. I know it's not a lot but every little helps.