Santander Isa rates

beardiedog

And then it drops again on 21 April to 1.0% for £10K+ and 1.5% for £25K+

Vortigern

beardiedog wrote: »

And then it drops again on 21 April to 1.0% for £10K+ and 1.5% for £25K+

What drops again?

Please specify account name and issue number to avoid confusion.

anna42hmr

Vortigern wrote: »

What drops again?

Please specify account name and issue number to avoid confusion.

I assume they are referring to the isa saver. this is the account that all santanders isa's seem to mature to, and pays the same to all. The rates above quoted by the poster also tie in with letter i had from santander confirming the further drop.

also on the subject of santander isa's this is from savings champion mailing just had:

Santander has announced plans to launch three new ISAs from Monday 10th March. Of particular interest is the new 2 Year Fixed Rate ISA paying 2.30% tax free/AER, exclusively available to those with a 123 current account, 123 credit card or for Santander Select customers. Also being launched is a 2 Year Fixed Rate ISA paying 2% tax free/AER that is open to everyone and a variable Direct ISA Saver paying 1% tax free/AER.

beardiedog

Vortigern wrote: »

What drops again?

Please specify account name and issue number to avoid confusion.

Read post 21 again

michaels

beardiedog wrote: »

And then it drops again on 21 April to 1.0% for £10K+ and 1.5% for £25K+

Thanks for this, I'm not sure why I haven't had that comms. My current ISA was changed to the Direct isa saver v1 last year rather than being a new account so I don't know exactly what date my 12 months at 2.5% runs till

beardiedog

Mine matures on 15 March. I received a second letter informing me of a further drop from 21 April.

I assume that all previously matured Direct ISA Saver (Issue 1)'s will drop to the lower rates from this date.

However, their new 2.3% ISA is available from Monday so I'll be changing to that on the 16th March unless other banks offer more favourable rates before then.