Full product details for the Santander Everyday Current Account, including account details, application criteria, facilities, rates, overdraft, fee & charges, incentives, student & graduate incentives and business accounts.
from 166 ratings
166 customers rated their Santander current account as 3.5 out of 5 in our 2010/2011 Consumer Finance Awards.
0% EAR (variable) Arranged Overdraft. No Daily Arranged Overdraft Fee for the first 4 months. Then 50p per day capped at 20 days each monthly statement period applies thereafter.
Assumed Arranged Overdraft credit limit: £1,200. Actual amount may differ
Account Type
overdraft
Monthly Charge
£0
No monthly servicing charge is made.
Minimum Monthly Credit
£0
There is no minimum monthly credit required.
Interest Free Overdraft Limit
none
There is no interest free overdraft limit.
Standard Overdraft Rate
0%
There is no annual authorised overdraft rate.
Headline Interest Rate
0%
Not applicable, credit interest not paid on this account.
Reward Payment
£0
No reward payment payable.
Minimum Investment
£0
The account will be opened with a nil balance if the customer agrees to credit the account with £1000 or more each month either by a salary mandate or by Standing Order. The minimum balance that must be maintained in this account to receive interest is £1. If the balance falls below £1 no interest will be paid.
Internet Banking
yes
E-banking is a simple, convenient and secure way for the customer to manage their Abbey card based accounts on-line. The service is available to customers with a variety of accounts which will need to be linked to one of Abbey's cards (Multifunction, Electron or Abbeylink).
Branch Banking
yes
This account can be operated through a branch.
Telephone Banking
yes
Account Promotions
yes
Instant transfers - Between Santander Account and one of the savings accounts. Sweep Facility Payments for switching errors .
Application Criteria
Permanent UK Resident
yes
This product is only available to individuals who are permanent UK residents.
Minimum Monthly Credit
£0
There is no minimum monthly credit required.
Minimum Contract Term
0 months
Not applicable.
Minimum Age
18 years
The minimum age is 18 years.
Maximum Age
Unlimited
There is no maximum age limit.
Minimum Income
£0
There is no minimum income required for this account.
Minimum Investment
£0
The account will be opened with a nil balance if the customer agrees to credit the account with £1000 or more each month either by a salary mandate or by Standing Order.
The minimum balance that must be maintained in this account to receive interest is £1. If the balance falls below £1 no interest will be paid.
Maximum Investment
£2,000,000
The maximum investment is £2000000.
Student Bank Account
no
This is not a student bank account.
Graduate Bank Account
no
This is not a graduate bank account.
Area Restrictions
none
There are no area restrictions.
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