Santander regular esaver & closing 123 account

joface

Hi, does anyone know what will happen, if anything, to my Santander Regular esaver if I switch & close my 123 account.


Only asking as having a Santander current account is part of the criteria for opening the regular esaver, but it doesn't say anything in the T&C's about becoming ineligible once the account is opened. I'm switching to Co-op on Tuesday.


many thanks

fromtheshires

It is a condition that you need to fund the e-saver from your Santander account or they will downgrade it to an everyday saver instead.

Why not just open an everyday account online and transfer into there from the co-op and then into the reg saver?

joface

fromtheshires wrote: »

It is a condition that you need to fund the e-saver from your Santander account or they will downgrade it to an everyday saver instead.

Why not just open an everyday account online and transfer into there from the co-op and then into the reg saver?

thank you for the clarification, great idea thanks