Santander Business Reward Saver Deposit Account

Full product details for the Santander Business Reward Saver Deposit Account 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.
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Santander Business Reward Saver Deposit Account Features & Benefits

Account TypeBusiness Instant Access Account 
Rate TypevariableInterest rate is variable
Headline Interest Rate2%The headline interest rate is 2.00% AER.
Headline Interest Balance£5,000£5000.00
Maximum Number of Withdrawals0 withdrawalsNo withdrawals can be made to earn the cited interest rate. If any withdrawals are made in a month the interest rate will be reduced for that month.
Online AccessyesTransactions are permitted via the internet.
Branch AccessnoTransactions are not permitted at the branch.
Phone AccessyesTransactions are permitted by telephone.
Introductory Bonus0%There is no introductory bonus.
Introductory Bonus Conditionsno withdrawalsBonus Conditions - There is a 1.90% Gross/AER bonus if no withdrawals are made in a particular month. If a withdrawal is made the rate will revert to 0.10% for that month.
Minimum Initial Investment£5,000The minimum initial deposit required to open an account is £5000
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