Banking and Finance

Santander launches a range of ISA products with increased rates

Santander has launched a range of ISA products including the easy access eISA paying 3.20% and a choice of Fixed Rate ISAs: 

  • 1 Year Fixed Rate ISA – 4.15% AER/ tax-free (fixed)
  • 18 Month Fixed Rate ISA – 4.25% AER/ tax-free (fixed)
  • 2 Year Fixed Rate ISA – 4.20% AER/ tax-free (fixed)

New and existing customers who transfer an ISA of at least £10,000 from another provider into a Santander Fixed Rate ISA will benefit from £50 cashback as an e-voucher, which can be spent at over 100 outlets, including restaurants, supermarkets, clothes stores, and subscription services.  A full list of retailers can be found here. Customers will receive their voucher code automatically by email within 30 days of the completed transfer.

Andrea Melville, Managing Director, Retail Finance at Santander UK, said: “An ISA helps customers save for the future completely tax free and with the new tax year approaching, we have boosted our ISA rates to give our customers greater returns. On top of this, customers can benefit from our voucher offer to treat themselves this spring.”

Santander is part of the industry ISA transfer scheme and has dedicated teams in place to process customers’ ISA transfer requests, making it quick and easy for customers to transfer an ISA from another provider to Santander.

Spread the good news!