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

soulsaver

After the disappointment dies down, I'm still having to drive 17 miles, fight city centre traffic & parking issues to get VM's 3%... so I'll take 3% at Santander with a few clicks, thank you very much.

DennisTenus

vernon wrote: »

Have opened a First Direct reg saver (need to be a current account customer). 5% and up to £300 a month contribution.

Not being a FD customer I would do a switch to them to get that but don't want any of the "gifts" they now offer instead of cash

soulsaver

soulsaver wrote: »

After the disappointment dies down, I'm still having to drive 17 miles, fight city centre traffic & parking issues to get VM's 3%... so I'll take 3% at Santander with a few clicks, thank you very much.

PS...although at the rate I'm depleting multiple legacy 123 acs for better deals elsewhere I won't be doing it for much longer...

metrobus

soulsaver wrote: »

After the disappointment dies down, I'm still having to drive 17 miles, fight city centre traffic & parking issues to get VM's 3%... so I'll take 3% at Santander with a few clicks, thank you very much.

You must be crazy having a VMs 3% regular if you go to the branch 12 times a year to fund it.

How much does the travel and parking cost?plus the stress and time .

Just to get £40 a year? So £3 quid a month or each 17 mile trip.

I fund my VM regular with a standing order why dont you?

Rheumatoid

DennisTenus wrote: »

Not being a FD customer I would do a switch to them to get that but don't want any of the "gifts" they now offer instead of cash

Same here and the account is in my wife's name and she doesn't earn enough for the HSBC offering. They refused her application even though we could have easily paid in the required amount.

soulsaver

metrobus wrote: »

You must be crazy having a VMs 3% regular if you go to the branch 12 times a year to fund it.

How much does the travel and parking cost?plus the stress and time .

Just to get £40 a year? So £3 quid a month or each 17 mile trip.

I fund my VM regular with a standing order why dont you?

Doe s it say I go 12 times a year? If I did do that it'd be 13 times, but I don't. You've got a vivid imagination.

eskbanker

DennisTenus wrote: »

Not being a FD customer I would do a switch to them to get that but don't want any of the "gifts" they now offer instead of cash

You don't need to switch to them to have access to the regular saver, just opening their current account suffices....

DennisTenus

eskbanker wrote: »

You don't need to switch to them to have access to the regular saver, just opening their current account suffices....

Yes I know but worth doing a switch as I'm not a customer to get an extra bonus, just frustrating it's not cash anymore

karlie88

DennisTenus wrote: »

Yes I know but worth doing a switch as I'm not a customer to get an extra bonus, just frustrating it's not cash anymore

Join, get the gift, then flog it on Facebook/ebay/gumtree for around £100.

karlie88

IanManc wrote: »

The cashback rules for 123 Lite say:

"To earn cashback you'll need to pay in £500 a month (any interest paid, and payments between Santander personal accounts you’re named on won't count towards this) and have 2 active Direct Debits."

https://www.santander.co.uk/uk/current-accounts/123-lite-current-account

As you say, that's for cashback.

Soulsaver is saying to ChaskhaChaia that you don't need DDs on the 123 Lite account in order to be eligible for the 3% regular e-saver (as a result, they don't charge the £1 monthly fee either).