Protection
FSCS£120,000
Min balance
£1
Max balance
£2,000,000
Access
Limited (max 2/month)
Interest paid
Monthly
Santander is also paying £240 to switch your current account. Offer ends 7 October 2026.
Rate Tiers
2 or fewer withdrawals/month
3.00%AER
Higher rate applies for the whole calendar month
3 or more withdrawals/month
1.00%AER
Lower rate applies for the whole calendar month
How It Stacks Up
Ranks 78th of 152
Easy access accounts we track
This account 3.00%
- UK CPI (Aug 2026)
- 3.10%
- Pays 0.10% less
- Average easy access
- 2.83%
- Pays 0.17% more
- Best easy access
- 5.00%
- Pays 2.00% less
Inflation: ONS. Averages and best rates: accounts on DepositScout.
A better-paying alternative
Tembo
HomeSaver
4.55%
AER
- Pays 1.55% more than this Santander account
We may earn a commission if you open this account.
A Good Fit For
- Pro: New and existing savers
- Pro: Savers who want a monthly income
Worth Weighing Up
- Con: The rate is variable, so it can go down
Please verify all details with the provider – see our Disclaimer
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