We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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%
Comments
-
dazzalondon said:In my Santander app it has shown 3% throughout the whole of 2019-2020.
But up until when the interest has matured Feb 2020. It suddenly reduced to 2.5% and the interest credited reduced.
I do not remember receiving any notification of the reduction of interest on the savings account. If I had, I would have revisited where I leave my money.
I think this is fraud.
This is in addition to Santander further reducing current account interest to 1.5%.0 -
When did the interest rate change? I had one regular saver mature in May 2019 and received £64 interest which equates to 5%. My current regular saver started in May 2019 and shows interest rate of 3% in the app.
Edit: I read the thread from the start so no need for anyone to answer my question.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 352K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.7K Mortgages, Homes & Bills
- 177.4K Life & Family
- 258.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards