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Santander regular saver reduced to 3%
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Kevin_Draper
Posts: 16 Forumite

My wife and I have regular savers with Santander (+ other banks). Due to mature at end May. It seems they now automate the creation of a new regular saver, and put the matured money back into current (rather than dumping it into an everyday saver) but the rate has dropped from 5% to 3%.
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I think this took effect from October 2018No.79 save £12k in 2020. Total end May £11610
Annual target £240000 -
Common knowledge on here for the past month or more. See post #5 of the reg saver thread.0
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