Maturing Santander Monthly Saver

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  • Westie983
    Westie983 Posts: 5,213 Ambassador
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    PeacefulWaters wrote: »
    New account opened.

    No option to close the old one online. Boo.

    No, I have left 0.01 in it, and will close the next time I am passing a Santander, no drama...

    Westie983
    I’m a Forum Ambassador and I support the Forum Team on the Banking & Borrowing, and Reduce Debt & Boost Income boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySaving Expert.
    Save 12k in 2023 #58 Total (£4500.00) £2500.00/£5000 = 50.00%
    Sealed Pot Challenge ~17 #24 Total (£55.00) £0.00/£500 = 0.00%
    Xmas 2023 £1 a Day #13 Total (£85.00) £344.00/£365 = 94.24%
    Virtual Sealed Pot #1 Total (£500) £550.00/£500 = 110.00%
    £2 Savers Club 2023 #17 Total (£25.00) £45/£300 = 15.00%
    The 365 1p Challenge 2023 #7 Total £656.19/£667.95 = 98.23%
    Total £4095.19/£7332.95 = 55.84%
  • colsten
    colsten Posts: 17,597 Forumite
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    PeacefulWaters wrote: »
    New account opened.

    No option to close the old one online. Boo.
    You can send them a secure message about it. Select "Close account" from the list of subjects and give them the acct number to be closed, as well as the Santander account you want to have any interest to be paid into. I asked for mine to be closed around 9:30 today and it's already ben actioned.
  • PeacefulWaters
    PeacefulWaters Posts: 8,495 Forumite
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    Westie983 wrote: »
    No, I have left 0.01 in it, and will close the next time I am passing a Santander, no drama...

    Westie983
    Don't tell the bloke who was complaining about how backwards British online banking is compared to the rest of Europe!
  • colsten
    colsten Posts: 17,597 Forumite
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    My interest also appeared this morning. £64.08, a few pennies less than I had expected. Probably due to the fact that the SO only gets executed on working days, whilst my interest calculator assumes deposits on the same date each month.
  • colsten
    colsten Posts: 17,597 Forumite
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    To close your account, message them with the acct number to be closed, as well as the Santander account you want to have any interest to be paid into

    25zl2mr.jpg
  • PeacefulWaters
    PeacefulWaters Posts: 8,495 Forumite
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    Nice one Colsten.
  • B_G_B
    B_G_B Posts: 502 Forumite
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    Just closed mine by phone. Very painless.
  • No_Name
    No_Name Posts: 137 Forumite
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    I wished I had gone for this when it was 5% last year - I think I may have been put off by the smaller max monthly deposits.

    Was it fixed for 12 months?

    Might go for their 3% one.
  • Stompa
    Stompa Posts: 8,348 Forumite
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    colsten wrote: »
    My interest also appeared this morning. £64.08, a few pennies less than I had expected.

    £64.44 for me.
    Stompa
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
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    edited 16 March 2017 at 4:55PM
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    No_Name wrote: »
    I wished I had gone for this when it was 5% last year - I think I may have been put off by the smaller max monthly deposits.

    Was it fixed for 12 months?

    Might go for their 3% one.

    No, it was 5% variable, but (to their credit) Santander have kept it at 5% for those who took out Issue 1.

    Mine matures on 18 March, which is Saturday. Wonder when I will get my interest?
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