We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Santander Regular E-Saver - rate reduced from 5% to 3%

Options
As previously thought from last week - newly launched Issue 7 has a rate of 3%. Those who opened a regular e-saver before the rate change will still earn 5%.

https://www.santander.co.uk/uk/savings/regular-esaver

Another one bites the dust.
:grouphug: :D Official MSE canny forumite and HUKD VIP badge member :D :grouphug:
«134567

Comments

  • karlie88
    karlie88 Posts: 9,114 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Thanks to 'The Jester' and 'isasmurf' for the heads up.
    :grouphug: :D Official MSE canny forumite and HUKD VIP badge member :D :grouphug:
  • Alexland
    Alexland Posts: 10,183 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    Sad times indeed
  • Dammit. I already have the 3% one as I have the everyday current account rather than one of the 123 current accounts. I guess I won't be able to open another one when mine matures (assuming they don't make any more changes in the interim).
  • soulsaver
    soulsaver Posts: 6,607 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Dammit. I already have the 3% one as I have the everyday current account rather than one of the 123 current accounts. I guess I won't be able to open another one when mine matures (assuming they don't make any more changes in the interim).
    So get any 123 ac., there are several options.
  • SuiDreams
    SuiDreams Posts: 2,393 Forumite
    Part of the Furniture 1,000 Posts
    Shame mine runs out in April so will get 5% till then, this year have had the paying for the nationwide one reduced and Ford didn't replace their 5% saver, hoping for more 5% offerings next year.
  • IanManc
    IanManc Posts: 2,444 Forumite
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    Typical. My current 5% regular saver matures on 16th October. :(
  • stehouk
    stehouk Posts: 413 Forumite
    Sixth Anniversary 100 Posts
    edited 2 October 2018 at 12:04PM
    jeez might aswell put it in the loft now doh!

    I try to use these 5% reg savers to spread my risk as i am over invested in p2p but the rates on offer are so poor that i cannot resist the 5-6% and 8-10% on p2p.

    just been offered a cashback bonus of £300 for 5k investment plus 9% on the loans.
  • stehouk wrote: »
    just been offered a cashback bonus of £300 for 5k investment plus 9% on the loans.

    Where did you get that? Have you had much loss with P2P?
  • Paul_DNAP
    Paul_DNAP Posts: 751 Forumite
    500 Posts Second Anniversary Photogenic Rampant Recycler
    Oh, so that's why they were keen to put up an auto-renewing standing order system in place, so we'd loose out for being loyal.
    Will need to assess the situation when mine comes up, rather than let it just carry on.
    (Although I could be wrong, I often am.)
  • d63
    d63 Posts: 330 Forumite
    Part of the Furniture 100 Posts Name Dropper
    ok, they're reducing the rate, a pity, of course, but why must they add insult to injury with such outrageous comment as:

    "We're rewarding our loyal customers with extra value, look out for . . ."

    look out indeed!!


    https://www.santander.co.uk/uk/cash-isas-and-savings
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.8K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.