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Santandar 6%

From Monday Santander are putting their highest current account interest rates for Abbey and Alliance and Leicester back up to 6%. But remember that it's one year first £2,500 only plus dodgy customer service. Details and comment here

http://www.independent.co.uk/money/spend-save/rising-overdrafts-mean-its-time-to-cheque-out-of-your-current-account-1698007.html

Comments

  • MumOf2
    MumOf2 Posts: 612 Forumite
    Part of the Furniture 500 Posts
    Many thanks for flagging this up. I keep £2,500 in an A&L Premier Direct account, churn through £500 each month (in one day, out the next). It will now pay £10 net a month interest which is credited to the account on the 2nd and moved straight out to a higher interest account the same day.

    Still 10 months to go on the deal.

    MumOf2
    MumOf4
    Quit Date: 20th November 2009, 7pm

  • M23_Spire
    M23_Spire Posts: 9 Forumite
    What accounts though as they have various 'current accounts'?

    Hope it is Premier Current Account for current customers as just switched 3 accounts via Quidco from Lloyds TSB as their offer (that started out like this last summer) was coming to an end this month.

    Cheers
  • apt
    apt Posts: 3,247 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    It will be Premier Direct rather than Premier Current. I also suspect it will be for new accounts only, but check the website on Monday.
  • M23_Spire
    M23_Spire Posts: 9 Forumite
    Would have been nice.
  • panter
    panter Posts: 50 Forumite
    Thank you, that is very useful and relevant for me at the moment.
This discussion has been closed.
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