Santander to close 6% current account
by David Masters
Santander plans to discontinue the 6% current account at its UK banks.
The 6% + 6% offer, which pays new Abbey and Alliance & Leicester customers 6% interest on their current account and on monthly savings, will close later this week.
Savers taking maximum advantage of the offer could earn nearly £250 interest in the next 12 months.
“This cracking deal is about to come to an end,” said Gillian Almond, head of current accounts at Abbey and Alliance & Leicester.
“This is a great opportunity to ditch a poor value account, and move to one of the best current accounts on the market.”
A similar offer for new Abbey business customers closed on 31 August.
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Tags: 6%, Abbey, Alliance & Leicester, close, current accounts, interest rate, Santander, UK