Santander ISA accounts are ideal for people looking for best savings options. ISA stands for Individual Savings Account. This will help you build your savings in steady but easy way. Santander ISA accounts are different from your regular savings account in the sense that it will make your savings grow faster than your regular savings account. Added to that your savings interest will be intact as this does not attract income tax. You will be able to enjoy tax incentive with your Santander ISA account. This is an initiative from the government to encourage people to save regularly. You will be able to deposit up to £3,600 in cash per tax year.
You can find number of ISA accounts in the market but not all of them offer you the same benefits. With Santander ISA account, you will be able to get highly competitive rates on your interest on investments. You will be able to enjoy better savings with Santander ISA accounts when compared to the other ISA accounts.
You will be able to enhance your saving potential with Santander ISA as you get higher interest rates as well as you get tax free interest. Some of the top features and benefits of Santander ISA include the following – best tax free interest rates, no income assessment on the ISA, no obligations to inform the HMRC of your ISA, instant access to money in times of emergency without having to lose the tax relief, easy transfer of ISA from other service providers to Santander. You will be able to get better value for money by choosing Santander ISA.
Easy ISA from Santander comes with many interesting benefits. You will be able to operate your Easy ISA from regular branches, cash machines and online. If you are wondering why you should choose Santander ISA, then here are few good reasons for you to do so. Your savings can be boosted with the highest tiered rates of interest up to 0.5%. You can save anything from £1 to the annual cash ISA limit. So it is one of the most flexible savings option. All your interests will be calculated on daily balance and it is paid each year after close of business on 1st March. Your interest can also be paid into your Easy ISA if you should prefer. You will get regular statements to let you know how your savings are growing.
You will be able to manage your money easily online, post as well as online. You will also be able to manage your funds at a cash machine as well. With Santander ISA, you will never have to worry about any hidden charges. All your money will grow into perfect savings.
Santander ISA Account - General Information
With our new Santander 2 Year Fixed Rate ISA you get:guaranteed minimum rate of 3.60% AER tax free (fixed) for 2 years. Minimum deposit from £500 up to the annual cash ISA limit -
You can open the account with a zero balance if you are transferring in existing cash ISAs (min £500). Save up to the annual cash ISA allowance.
Option of transferring in your existing cash ISAs. Cash ISA transfer in applications must be received within 14 days of opening.
On early closure a charge equivalent to 120 days' interest will be applied to the accountOpen online; it's easy and takes just a few minutes
Manage online 24 hours a day, every day, with our secure and easy to use Internet Banking
Cash card – The account comes with a cash card, allowing you to withdraw up to £300 per day from cash machines
Santander ISA Account - Banking Fees or Charges
Type of Account: Savings Account
|ACCOUNT USAGE CHARGES|
|Transaction Charge UK||N / A|
|Transaction Charge Abroad||N / A|
|ATM Charge UK||N / A|
|ATM Charge Abroad||N / A|
|Overdraft and Default Payments|
|Overdraft Fee||N / A|
|Unpaid Item||N / A|
|Overdrawn Mainanence Chrg||N / A|
|Paid Referral Fee||N / A|
|Management Fee Option||N / A|
Representative Example: Minimum opening deposit of £500 applies. You can open the account with a zero balance if you are transferring in existing cash ISAs with a balance of at least £500. Rates are variable and effective from 2nd August 2012.
AER stands for Annual Equivalent Rate and shows what the interest rate would be if Santander paid interest and added it to your account each year. The gross rate is the interest rate we pay before income tax is taken off.
Santander ISA Account - Apply Online
You have chosen to apply for a Santander ISA Bank Account. Please ensure you meet the following points as this will make your application more likely to be approved.
- Please Ensure That:
You are at least 16 Years of Age.You are a permanent resident/citizen of the UK. Have ready financial information. Your address and contact details. Open account with as little as £1.00.
- Proceed With Your Application
Santander Isa Account
48-54, Moorgate, Moorgate, City of LondonEC2R 6EJ
Tel: 0800 389 7000