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£10k - but "free" Santander 123?

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Comments

  • My apologies, not intending to be vague, yes my wife works for Santander retail banking and they get the account fee-free.
  • Kernel_Sanders
    Kernel_Sanders Posts: 3,617 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 2 January 2017 at 4:00PM
    But...there is a way to make 5% AER on all your cash (after 2-3 months) by also taking a pair of NW regular savers.
    colsten wrote: »
    3 x FlexDirect = £7,500
    2 x NW RS = £1,000/mth
    Easy to see that it would take no more than 3 months to get 5% on the entire £10K.
    The NW Regular Saver only pays 2%. The OP would need to choose a regular saver with a different name.
    w00tmanUK wrote: »
    My apologies, not intending to be vague, yes my wife works for Santander retail banking and they get the account fee-free.
    Well I do hope they get taxed on this £60 p.a. benefit :)
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