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Santander eSaver

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Comments

  • lohr500
    lohr500 Posts: 1,362 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Agree it isn't currently the best deal in town, but I still can't see them walking away from it in October.That being said, if they do drop the rate to two halves of b***er all,  I'll be on the move!!
  • jaypers
    jaypers Posts: 1,061 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    lohr500 said:
    Agree it isn't currently the best deal in town, but I still can't see them walking away from it in October.That being said, if they do drop the rate to two halves of b***er all,  I'll be on the move!!
    Why aren’t you on the move now? Rate is already behind the rest. 
  • lohr500
    lohr500 Posts: 1,362 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I only have circa £6k in the esaver account, so even if I moved it away from Santander to one of the other institutions paying 3.7% or 4%, it wouldn't make much difference. If I had more sat there, then yes, I would be moving it.

    The convenience of being able to move money between our Santander current a/c and the esaver is worth the +/- £30 annual loss in interest at the current rates.

    But if it does drop below 3% in the future, whilst other rates continue to increase I will move it. 
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