Santander discounts premium accounts

Santander is attempting to lure new customers into opening a premium current account with an introductory special offer.

New customers opening a Premier 50 Current Account at Alliance & Leicester or a Reward Bank Account at Abbey will pay account fees of just £5 per month for the first three months.

After this introductory period, the monthly payment will rise to the standard rate of £10 per month.

Both premium accounts offer a range of benefits, including 6% interest for 12 months, lost card assistance, and travel insurance.

Other benefits include an interest-free overdraft and identity protection with up to £50,000 insurance.

Emma Walkley, Santander’s current accounts manager, said the accounts pay a “market leading” rate of interest.

The special offer is available until 13th December.

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