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Santander Monthly Saver
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qsk
Posts: 458 Forumite
I understand that Santander Monthly Saver has dropped to 1.5%. My account matured two days ago and auto renewed. The interest was paid and the first new payment went in yesterday. I logged on to close it but the interest shown on the account is still 2%. Is it because it is not updated yet or the existing account will continue with 2%?
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Comments
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With these you get the account that was available when the maturity letter was sent (2 weeks ago I think), it seems when this letter was sent the 2% version was still available so you'll continue with 2%.
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If you kept your SO in place it seems to be still at 2%, whereas if you didn't you'll get 1.5%. Mine matured on the 9th and the new is at 2%. I believe the new rate came into effect from the 1st April?1
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yep 2% here1
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Yes. First SO of carried over saver went in yesterday. 2% showing as rateNo.79 save £12k in 2020. Total end May £11610
Annual target £240001
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