Santander Business Reward Saver

Published on 31 October 2010 by Raffick Marday

Do you wish to save money for a higher interest rate? Are you willing to keep your money away as savings in your account for a longer period in order to get a higher return? Then the Santander business reward saver account is just the place for you. You shall reap maximum benefits in such cases from Santander business reward saver account. The Santander business reward saver account is an account designed to reward businesses who have a longer term savings goal with a higher rate of interest.

Why Open A Business Reward Saver Account With Santander?

The Santander business reward saver is indeed one of the unique reward saver accounts. There are a lot of benefits to be an account holder of this account.

The rewards of this account are very tempting. You get a variable rate account paying a higher rate of interest when you make no withdrawals in the first 12 months of account opening. The interest is paid either monthly or annually, as per what suits you. You get instant access to your account and your money. You can take out money from your account any time you wish, the condition being that you will receive a lower rate of interest. Nevertheless, the low rate of interest is applicable for that month only. You have a wide range to decide from, when it comes to the amount you have to deposit. It can be anything ranging from £ 30,000 up to £ 2 million.

This account is indeed very flexible. One of the most important factors is that you can give your friends or colleagues right to use to your account whenever you wish to. The bonus rate is valid for the first 12 months after account opening, after which standard rates (excluding bonus) apply.

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