Santander eSaver (issue 2)

The Santander eSaver is a hassle-free, online savings account with instant and penalty-free access. The eSaver offers an interest rate of 2.50% AER which includes a bonus of 2.00% for the first 12 months. This Savings Accounts can be opened with as little as £1 or as much as £2,000,000. A nice feature of the Santander eSaver (issue 2) is that interest is credited daily and you can choose to have your interest paid monthly or annually. With the Santander eSaver you are able to manage your savings online 24/7and you also get a cash card allowing you to withdraw up to £300 each day from cash machines. If you choose to have your interest credited annually you can nominate it to go into a non Santander bank account.