Santander Regular E-Saver - rate reduced from 5% to 3%
Comments
-
I don't want to get a 123 account (even the lite one). My household bills are low enough that I'd barely generate any cashback and the DDs are better placed where they are on higher interest/reward current accounts. I'd consider it for a 5% regular saver but not for a 3% one.0
-
DennisTenus wrote: »Where did you get that? Have you had much loss with P2P?
Not had any losses on p2p to date but i withdrew from funding circle because of the mounting bad debts, i have approx £300 in interest stuck in there that i am able to withdraw in trickles.0 -
It also means that whereas before, non 123 World, Select or Private Banking customers could also have the regular e-saver albeit only at 3%, whilst the 123 World etc. customers got 5%, now only 123 World, Select or Private Banking customers can have it, but at the lower 3% rate:. This account is exclusively available to current account customers who are part of 1|2|3 World, Santander Select or Private Bankingbutterfly )i(0
-
Further, and somewhat confusingly, for those who still have an issue 6 earning at 5%, if you use the Santander rate checker, it wrongly shows 3% for issue 6:
https://www.santander.co.uk/info/interest-rate-finder?icid=OLB-view-transactions-interest-rate
butterfly )i(0 -
-
Goodbye Santander reg saver. Shot yourself in the foot again. Mine matures Oct 6. Have cancelled standing order for new one. Goodbye Santander 1-2-3. No gain from direct debits to offset £5 a month fee. Will join Santander Lite. Small gain over £1 fee.0
-
Mine matures on the 10th Oct.
With it only being £200 a month I do not think I'll bother again can get around 2% in a short term bond so I if I put the whole £2400 in at the start I'll get £48 a year opposed to drip feeding £200 and getting £38.
Yes I know I would have the extra £ at my disposal during the countdown to the 12 months but do not think for the few quid extra it's worth the effort.0 -
Mine matures on the 10th Oct.
With it only being £200 a month I do not think I'll bother again can get around 2% in a short term bond so I if I put the whole £2400 in at the start I'll get £48 a year opposed to drip feeding £200 and getting £38.
Yes I know I would have the extra £ at my disposal during the countdown to the 12 months but do not think for the few quid extra it's worth the effort.
Short term bond where were you thinking?0 -
DennisTenus wrote: »Short term bond where were you thinking?
Charter bank 2.01% 1 year0 -
Have opened a First Direct reg saver (need to be a current account customer). 5% and up to £300 a month contribution.0
This discussion has been closed.
Categories
- All Categories
- 342.2K Banking & Borrowing
- 249.8K Reduce Debt & Boost Income
- 449.3K Spending & Discounts
- 234.4K Work, Benefits & Business
- 606.7K Mortgages, Homes & Bills
- 172.7K Life & Family
- 247.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 15.8K Discuss & Feedback
- 15.1K Coronavirus Support Boards