Protection
FSCS£120,000
Min balance
£1
Max balance
No limit
Access
Instant
Interest paid
Monthly/Annually
Santander is also paying £240 to switch your current account. Offer ends 7 October 2026.
How It Stacks Up
Ranks 89th of 152
Easy access accounts we track
This account 2.50%
- UK CPI (Aug 2026)
- 3.10%
- Pays 0.60% less
- Average easy access
- 2.83%
- Pays 0.33% less
- Best easy access
- 5.00%
- Pays 2.50% less
Inflation: ONS. Averages and best rates: accounts on DepositScout.
A better-paying alternative
Tembo
HomeSaver
4.55%
AER
- Pays 2.05% more than this Santander account
- Instant access, open with £10
We may earn a commission if you open this account.
How Interest Is Paid
You choose how often interest is paid: annually or monthly. You earn the same 2.50% AER either way.
Paid annually
2.50%AER
Paid monthly
2.50%AER
A Good Fit For
- Pro: New and existing savers
- Pro: Savers who want instant access
- Pro: Savers who want a monthly income
Worth Weighing Up
- Con: The rate is variable, so it can go down
Good to Know
Santander Select customers only.
Please verify all details with the provider – see our Disclaimer
See all Santander accounts
