📨 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 Edge Saving account.

Just discovered a quick hack for anyone with an Edge Savings Account with Santander. If you have had your account for over a year your interest rate will have dropped from 6% down to 4%. Here is the hack........Close the account and then open a new Edge Savings Account. This will boost your interest back up to 6% for twelve months. It is a bit of a faf but I simply went into my local Santander and got them to do it in branch.

Comments

  • Stargunner
    Stargunner Posts: 999 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    Just discovered a quick hack for anyone with an Edge Savings Account with Santander. If you have had your account for over a year your interest rate will have dropped from 6% down to 4%. Here is the hack........Close the account and then open a new Edge Savings Account. This will boost your interest back up to 6% for twelve months. It is a bit of a faf but I simply went into my local Santander and got them to do it in branch.
    That is not s hack, it is normal procedure to close and re-open after a year, 
    You can do it online, without the need to go into a branch.
  • danny13579
    danny13579 Posts: 734 Forumite
    500 Posts Second Anniversary Photogenic Name Dropper
    Old news and certainly not a hack. We've been doing that for years. Can be done in minutes using online banking, faff-free.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.4K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.3K Work, Benefits & Business
  • 599.6K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.