santander esaver interest rates

gocat

Hi. Just looking at my esaver which I opened up with Santander last March and cant see if its esaver 2, 3 or what. Saw an advert for esaver 4 which I assume has just been released and wondered if esaver 2 or 3 interest rates are different from esaver 4.
So would like to know what the interest rates are, at the moment for esaver 2 and esaver 3 so I can decide whether to open a esaver 4 and transfer my money to that or should I stay with esaver 2 or 3 (or whatever it is, wish the santander site would tell me lol).

TIA.

YorkshireBoy

The interest rates for all issue numbers are on their website.

Maybe you can ascertain the issue number from the 'effective from' dates given?

gocat

Thanks YorkshireBoy :beer:.
Looks like I need to find out the interest rate for esaver 2 which at the moment I cant find on the website but at least I know it is not esaver 3 I have.
And also need to keep an eye on the santander website more regularly for new issues

Anyone good at maths. If one has £40,200 and getting £80 a months interest. What is the gross AER .

TIA


Edit: Just as well I didnt take out esaver 3 as it looks like you cant do online banking with that issue

YorkshireBoy

gocat wrote: »

I cant find on the website

From their homepage...

Click 'savings & investments'
Click 'savings interest rates'

OK so far?

See the bit that says...

"Click here to view interest rates for accounts no longer available" (you want page 6 of 13)

but at least I know it is not esaver 3 I have.

It looks like that's what you do have. See below...

If one has £40,200 and getting £80 a months interest. What is the gross AER .

£40,200 x 2.96% / 365 x 31 x 0.8 = £80.85

Where:

1. 2.96% is the gross p.a. rate for a 3% AER paying account, and
2. 0.8 is the basic rate tax multiplier (i assume you're a taxpayer?)

gocat

View that was a tour round the houses to get there lol. Thanks for the details of how to get there

Looks like Im better to open esaver 4 and putting the lot in there.