Santander Business Bonus Saver
Full product details for the Santander Business Bonus 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.
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Santander Business Bonus Saver Features & Benefits
| Account Type | Business Instant Access Account | |
| Rate Type | variable | Interest rate is variable |
| Headline Interest Rate | 1.25% | The headline interest rate is 1.25% AER. |
| Headline Interest Balance | £1 | £1.00 |
| Maximum Number of Withdrawals | Unlimited | The maximum number of withdrawals permitted per year is unlimited to earn the cited interest rate. If a withdrawal is made the rate will drop to 0.25% for that month. |
| Online Access | yes | Transactions are permitted via the internet. |
| Branch Access | no | Transactions are not permitted at the branch. |
| Phone Access | yes | Transactions are permitted by telephone. |
| Introductory Bonus | 0% | No introductory bonus available. |
| Introductory Bonus Conditions | 1.00% bonus for no withdrawals | Bonus Conditions - There is a 1.00% Gross/AER bonus if no withdrawals are made in a particular month. If a withdrawal is made the rate will revert to 0.25% for that month. |
| Minimum Initial Investment | £1 | The minimum initial deposit required to open an account is £1 |
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Very easy to understand and no jargon. A Lesser |
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