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Santander Help to Buy ISA
alex24
Posts: 34 Forumite
Apologies if this has been covered elsewhere, but could you tell me what happens to the Santander H2B ISA once you hit £12,000 in the account? Can you carry on putting £200 a month in and earn the same interest, does the interest rate drop on balances over £12k or does the rate drop for the whole balance in the account?
Thank you
Thank you
0
Comments
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Apologies if this has been covered elsewhere, but could you tell me what happens to the Santander H2B ISA once you hit £12,000 in the account? Can you carry on putting £200 a month in and earn the same interest, does the interest rate drop on balances over £12k or does the rate drop for the whole balance in the account?
Thank you
There is no maximum balance for either interest or the account. The £12,000 is solely the limit on getting a government bonus. Anything saved above this still receives full interest but no bonus.0
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