Santander Business Reward Saver Account

Santander Business Reward Savings Account

Santander Business Reward Saver Account

Features

Interest Rate:
1.42% gross/AER (variable) when you make one or more withdrawals in a month
1.50% gross/AER (variable) when you make no withdrawals in a month
Minimum Balance:
£1
Monthly Fee:
£0
Access:
Instant

Account Description

  • **Call 0800 345 7798 to find out more..**
  • 1.42% gross/AER (variable) when you make one or more withdrawals in a month
  • 1.50% gross/AER (variable) when you make no withdrawals in a month
  • Includes a variable rate bonus of 1.00% gross/AER. If any withdrawals are made in a month, in that month only Santander pay a reduced rate of 0.50% gross/AER on the balance left in the account at the end of that month.
  • Months are calculated from date of account opening.
  • Choose interest to be paid monthly or annually
  • Minimum Deposit = £1
  • Maximum Deposit = £2million
  • Instant access via internet, phone and ATM network
  • Authorise others to operate the account on your behalf

AER stands for Annual Equivalent Rate and shows what the interest rate would be if Abbey paid interest and added it to your account each year. The gross rate is the interest rate Abbey pay before income tax is taken off. Rates may change and Abbey pay interest each month or year.