Santander has today launched a new range of Fixed Rate ISA products1, with a 拢50 voucher offer2 for customers transferring in 拢10,000 or more from a non-Santander ISA.
The new range of competitive ISAs, which can be opened online or in branch, are:听
鈥⑻1 Year Fixed-Rate ISA 鈥 4.15% AER/tax-free (fixed)
鈥⑻18 Month Fixed-Rate ISA 鈥 4.05% AER/tax-free (fixed)
鈥⑻2 Year Fixed-Rate ISA 鈥 4.00% AER/tax-free (fixed)
The bank is also offering a 拢50 cashback e-voucher to customers who transfer an ISA of at least 拢10,000 from another provider into a Santander Fixed Rate ISA. The voucher can be spent at over 100 outlets, including restaurants, supermarkets and clothes stores. A full list of retailers can be found . Customers will receive their code to redeem their voucher automatically by email within 30 days of the completed transfer.
Saket Jasoria, Head of Savings at Santander UK, said: 鈥淲ith the new tax year just around the corner, we know many will be considering how they can make their money work harder for them. That鈥檚 why we鈥檙e pleased to launch our new Fixed Rate ISAs giving customers tax-free competitive returns, along with our 拢50 e-voucher cashback offer, as an added treat this Spring.鈥
Santander is part of the industry ISA transfer scheme and has dedicated teams in place to process customers鈥 ISA transfer requests, making it quick and easy for customers to transfer an ISA from another provider to Santander.
More information about Santander鈥檚 fixed rate ISAs and savings product can be found on the Santander website and in branch.
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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听
1)听听听听More information on Santander鈥檚 Fixed Rate ISA range can be found here.听
2)听听听听The 拢50 e-voucher is subject to availability and can be withdrawn at any time. More information on how customers can redeem their voucher can be found here.
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Santander UK is a financial services provider in the UK that offers a wide range of personal and commercial financial products and services. At 31 December 2024, the bank had around 18,000 employees and serves around 14 million active customers, including 7 million digital customers via a nationwide branch network, telephone, mobile and online banking. Santander UK is subject to the full supervision of the FCA and the PRA in the UK. Santander UK plc customers鈥 eligible deposits are protected by the FSCS in the UK.
Banco Santander (SAN SM, STD US, BNC.LN) is a leading commercial bank, founded in 1857 and headquartered in Spain and one of the largest banks in the world by market capitalization. The group鈥檚 activities are consolidated into five global businesses: Retail & Commercial Banking, Digital Consumer Bank, Corporate & Investment Banking (CIB), Wealth Management & Insurance and Payments (PagoNxt and Cards). This operating model allows the bank to better leverage its unique combination of global scale and local leadership. Banco Santander aims to be the best open financial services platform providing services to individuals, SMEs, corporates, financial institutions and governments. The bank鈥檚 purpose is to help people and businesses prosper in a simple, personal and fair way.
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