Full product details for the Santander 50+ Saver savings account, including application criteria, introductory rates, rates, isas, children's savings, over 50s isas, account access, account management, fees & charges, business accounts and structured investment plan.
The maximum number of withdrawals permitted per year is unlimited to earn the cited interest rate.
Online Access
yes
Transactions can be carried out via the internet.
Branch Access
yes
Transactions can be made at a branch.
Phone Access
yes
Transactions can be made by telephone.
Introductory Bonus
0.85%
A bonus of 0.85% is payable. Gross RateGross RateAER Excluding Bonus Including Bonus £1 0.10% 0.95% 0.95% £100,000 0.15% 1.00% 1.00% £200,000 0.25% 1.10% 1.10% £500,0000.70%1.55%1.55% £750,0001.15%2.00%2.00%
Introductory Bonus Conditions
12 months intro bonus
Bonus Conditions - An introductory bonus payable for the first 12 months of account opening. The bonus amount payable is tiered depending on the account balance.
Minimum Initial Investment
£1
The minimum investment is £1. If this account is opened at a branch the minimum investment is £30,000.
Application Criteria
Permanent UK Resident
yes
This product is only available to individuals who are permanent UK residents.
Existing Customer Only
no
New Money Only
no
Not applicable.
Minimum Age
50 years
The minimum age is 50 years.
Area Restrictions
none
There are no area restrictions in operation.
Minimum Initial Investment
£1
The minimum investment is £1. If this account is opened at a branch the minimum investment is £30,000.
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