Santander Increase Saving Rates on eSAVER Issue 3

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Issue 3 rates increase to 3.00 for all new and existing customers

Saving today could mean security for tomorrow and our new best buy eSaver rate is designed to help customers build a nest egg for their future.

From Friday 18 March Santander will increase the savings rates on its eSaver issue 3 account and will now pay a highly competitive 3.00 per cent* gross/AER with a minimum opening balance of £1 and penalty free easy access available online.

Customers who already hold an eSaver issue 3 account will also benefit from this increased rate from Friday 18 March.

The account offers great value for savers looking for a competitive rate without restriction.

eSaver issue 3
Minimum     - £1
Annual gross/AER (with bonus) - 3.00%
Monthly gross (with bonus) - 2.96%
Withdrawals - Instant Access
Access - Online
Bonus - 2.50% bonus paid for first 12 months

Reza Attar-Zadeh, Santander’s Director of Savings and Investments, said: “Saving today could mean security for tomorrow and our new best buy eSaver rate is designed to help customers build a nest egg for their future. Offering a great rate it comes with instant, penalty free access and is available online for a minimum £1.”

The information contained in our press releases is intended solely for journalists and should not be used by consumers to make financial decisions.

Notes to editors

About us
Banco Santander is a retail and commercial bank, based in Spain, with presence in 10 main markets. Services include bank accounts, insurance and loans. At the close of June 2010, Santander was the largest bank in the euro zone by market capitalization and, at the end of 2009, fourth in the world by profit. Founded in 1857, Santander had €1,365 billion in managed funds. Santander has more than 90 million customers, 13,671 branches – more than any other international bank – and 170,000 employees. It is the largest financial group in Spain and Latin America, with leading positions in the United Kingdom and Portugal and a broad presence in Europe through its Santander Consumer Finance arm. In the first half of 2010, Santander registered €4,445 million in net attributable profit. Santander UK is a full-service retail and commercial bank providing services to 25 million customers in more than 1,400 branches and around 4,500 cash machines.

Media enquiries
Susan Hannums         07920 297 414            susan.hannums(at)santander(dot)co(dot)uk
Nicola Hussey             020 7756 4209            nicola.hussey(at)santander(dot)co(dot)uk
Jonathan Akerman     020 7756 4190            jonathan.akerman(at)santander(dot)co(dot)uk

The press office operates from 8.00am to 6.00pm. Outside of these hours please call 0800 5877708.

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Susan Hannums

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