Santander UK
Santander UK 1 Year Fixed Rate Savings Bond
| Type | Fixed |
| Rate | 0.50% |
| Currency | GBP |
Website: http://www.santander.co.uk
Authority: Santander UK plc or Santander is a major bank in the UK and is part of the Santander Group. The Santander group is a major Spanish international bank that started back in 1857 and is under the parent of Banco Santander S.A. Santander UK has more than 1,400 branches within England, Scotland and Wales
How to open a Santander Fixed Rate Bond - (The product term on the website is ' Fixed Term Savings Bond ' ):
- You can apply for this bond on the internet on the Santander UK website: http://www.santander.co.uk
- This bond can be opened in a Santander bank branch. On their website you can use the 'branch locator' tool to find your nearest branch. (Postcode , Street ,GB town/city or town/city)
- You may contact them by telephone on the UK number: 0800 389 9875 to speak to a representative about opening up this bond account.
What are the requirements to open a UK Santander Fixed Rate Bond Account:
- When applying from the website they require you to provide some personal and address details and a valid email address. You are also required to be a UK resident aged 16 or over and have at least �1 to invest.
Information to consider for the Santander 1 Year Fixed Rate Bond Interest Rate:
Like many other banks, Santander actually finances many of its loans with customer deposits. It also uses wholesale financing with a broad range of financial instruments as well. In relation to its fixed one year bond rates it is highly influenced Bank of England since they determine the interest rate or 'bank rate' through their monetary policy decisions. However variations between them and other bank interest rates can be attributed to factors such as funding and liquidity requirements, regulations, net margin interest spreads, business model, new customer acquisitions, operation and maintenance costs (online banks have no branch network) and competition with other banks.
This bond deposit product requires minimum Balance from �500 up to a maximum of �2 million .The interest rate or AER for this account requires �200,000+.
The rate of 0.50% is 0.5% higher than the average 0%. Also it is -0.5 % lower than the highest rate Updated Aug, 2019
Website: http://www.santander.co.uk
Authority: Santander UK plc or Santander is a major bank in the UK and is part of the Santander Group. The Santander group is a major Spanish international bank that started back in 1857 and is under the parent of Banco Santander S.A. Santander UK has more than 1,400 branches within England, Scotland and Wales
How to open a Santander Fixed Rate Bond - (The product term on the website is ' Fixed Term Savings Bond ' ):
- You can apply for this bond on the internet on the Santander UK website: http://www.santander.co.uk
- This bond can be opened in a Santander bank branch. On their website you can use the 'branch locator' tool to find your nearest branch. (Postcode , Street ,GB town/city or town/city)
- You may contact them by telephone on the UK number: 0800 389 9875 to speak to a representative about opening up this bond account.
What are the requirements to open a UK Santander Fixed Rate Bond Account:
- When applying from the website they require you to provide some personal and address details and a valid email address. You are also required to be a UK resident aged 16 or over and have at least �1 to invest.
Information to consider for the Santander 1 Year Fixed Rate Bond Interest Rate:
Like many other banks, Santander actually finances many of its loans with customer deposits. It also uses wholesale financing with a broad range of financial instruments as well. In relation to its fixed one year bond rates it is highly influenced Bank of England since they determine the interest rate or 'bank rate' through their monetary policy decisions. However variations between them and other bank interest rates can be attributed to factors such as funding and liquidity requirements, regulations, net margin interest spreads, business model, new customer acquisitions, operation and maintenance costs (online banks have no branch network) and competition with other banks.
This bond deposit product requires minimum Balance from �500 up to a maximum of �2 million .The interest rate or AER for this account requires �200,000+.
The rate of 0.50% is 0.5% higher than the average 0%. Also it is -0.5 % lower than the highest rate Updated Aug, 2019
Type
Fixed
Rate
0.50%
Currency
GBP
Q: The bank of England's base rate has increased by 0 .25% When will your savings rates increase ?
Q: In about nine months I want to invest in fixed bonds. Do you provide fixed bonds payable monthly. Regards Joan