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Santander Esaver Issue 4 - Current Interest Rate - Shown Where?


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#1 inflating

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Posted 13 March 2012 - 08:51 AM

Where can I find the current rate for Santander's Esaver 4 now that it has been replaced by Esaver 5?

This is the only list I can find, where on here is SANTANDER'S eSaver 4? The esavers shown don't seem to be the right ones
http://www.santander...umentoGSPreview

I have this doc but this isn't necessarily current as it is...wait for it...VARIABLE ;) http://www.santander...rue&maxage=3600

Edited by inflating, 13 March 2012 - 01:55 PM.


#2 rantnrave

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Posted 13 March 2012 - 09:06 AM

Where can I find the current rate for Santander's Esaver 4 now that it has been replaced by Esaver 5?

This is the only list I can find, where on here is SANTANDER'S eSaver 4? The esavers shown don't seem to be the right ones
http://www.santander...rue&maxage=3600

I have this doc but this isn't necessarily current as it is...wait for it...VARIABLE ;) http://www.santander...rue&maxage=3600

I've got eSaver 5. At the yearly rate, the interest is 3.10% (3.06% monthly IIRC). This has not dropped - I was talking to them on the phone yesterday about something else and asked this question - even though eSaver 5 has gone down slightly to 3.00%.

Hope this answers the question!

#3 inflating

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Posted 13 March 2012 - 09:20 AM

I've got eSaver 5. At the yearly rate, the interest is 3.10% (3.06% monthly IIRC). This has not dropped - I was talking to them on the phone yesterday about something else and asked this question - even though eSaver 5 has gone down slightly to 3.00%.

Hope this answers the question!


Thanks RnR, so they were issuing ESaver 5 at the same rate as Issue 4 for a while (ie 3.10%)? But now they've dropped it to 3% for new customers. I have Esaver 4, though, not 5.

Have they no page on their website where those of us with Issue 4 can see in writing what they are paying and keep an eye on it regularly? That pdf of accounts no longer available confuses me and I can't see which entry is for Santander Esaver 4.

#4 rantnrave

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Posted 13 March 2012 - 09:24 AM

Thanks RnR, so they were issuing ESaver 5 at the same rate as Issue 4 for a while (ie 3.10%)? But now they've dropped it to 3% for new customers. I have Esaver 4, though, not 5.

Have they no page on their website where those of us with Issue 4 can see in writing what they are paying and keep an eye on it regularly? That pdf of accounts no longer available confuses me and I can't see which entry is for Santander Esaver 4.


Sorry, I'm confusing you and me. The first sentence of my last post should be 'I have eSaver 4'.

#5 inflating

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Posted 13 March 2012 - 09:26 AM

Sorry, I'm confusing you and me. The first sentence of my last post should be 'I have eSaver 4'.


No problem, much appreciate the post and don't disbelieve you for a second on what they said on the phone, but I would like to see where they publish the current Esaver 4 rate in writing

#6 rantnrave

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Posted 13 March 2012 - 10:06 AM

No problem, much appreciate the post and don't disbelieve you for a second on what they said on the phone, but I would like to see where they publish the current Esaver 4 rate in writing

Have had a look at their website - the rate details for accounts currently available for customers was updated yesterday and only mentions eSaver5 at 3.00%. The pdf of interest rates for accounts no longer available was last updated on the 5th March. So, an update on ESaver4 has disappeared between those two dates. I just checked my account to see if it had that info somewhere, but alas no.

#7 inflating

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Posted 13 March 2012 - 10:24 AM

Have had a look at their website - the rate details for accounts currently available for customers was updated yesterday and only mentions eSaver5 at 3.00%. The pdf of interest rates for accounts no longer available was last updated on the 5th March. So, an update on ESaver4 has disappeared between those two dates. I just checked my account to see if it had that info somewhere, but alas no.


If I find out where the rates are published, I will post the link here

We must keep an eye on them, just in case the variable part drops and the rate no longer is competitive even adding in the bonus

#8 Bruce Banner

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Posted 13 March 2012 - 12:12 PM

I think it's a variable rate so E-saver 4, which I have, could well have dropped to 3.0%. I'm on public WiFi at the moment so I won't log on to my account to check.
.



----------------------------------------------------------------------------------------------------------
Lest there be any doubt.

No I believe prices will fall and am astounded that a so called Conservative led government could act in such a stupid way. As you can see from today, there are 2,000 HtB applicants and it has been on MSM none stop all day and they make up about 3.5% of a typical months mortgages.

BTL is a good potential way to bankruptcy and yes sometimes I make points to hopefully make people think.


#9 Bruce Banner

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Posted 13 March 2012 - 12:19 PM

Here you go, found it through Google without having to log on.

http://www.santander...rue&maxage=3600

*Includes a variable rate bonus of 2.60% (2.56% monthly) for the first 12 months from account opening.


.



----------------------------------------------------------------------------------------------------------
Lest there be any doubt.

No I believe prices will fall and am astounded that a so called Conservative led government could act in such a stupid way. As you can see from today, there are 2,000 HtB applicants and it has been on MSM none stop all day and they make up about 3.5% of a typical months mortgages.

BTL is a good potential way to bankruptcy and yes sometimes I make points to hopefully make people think.


#10 inflating

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Posted 13 March 2012 - 12:22 PM

Here you go, found it through Google without having to log on.

http://www.santander...rue&maxage=3600


That link is in my first post above already

What I am looking for is a link to the current rate - not the original offer rate pdf

#11 Bruce Banner

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Posted 13 March 2012 - 12:31 PM

That link is in my first post above already

What I am looking for is a link to the current rate - not the original offer rate pdf


Phone them and ask.
.



----------------------------------------------------------------------------------------------------------
Lest there be any doubt.

No I believe prices will fall and am astounded that a so called Conservative led government could act in such a stupid way. As you can see from today, there are 2,000 HtB applicants and it has been on MSM none stop all day and they make up about 3.5% of a typical months mortgages.

BTL is a good potential way to bankruptcy and yes sometimes I make points to hopefully make people think.


#12 inflating

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Posted 13 March 2012 - 01:53 PM

Phone them and ask.

Aparently, it's at the foot of page 6 of the 13 page PDF document of previously on sale savings accounts.

I'm still confused

Site here won't let me upload the screenshot

Edited by inflating, 13 March 2012 - 02:00 PM.


#13 inflating

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Posted 13 March 2012 - 02:02 PM

As I can't upload the screenshot of the pdf, here's a cut & paste, or just click this link which should be a 13 page pdf
http://www.santander...rue&maxage=3600

DirectSaver previous rates monthly interest only (formerly Alliance & Leicester)
50,000+ 1.12% (1.12% gross p.m.) 0.89% (0.89% net p.m.)
1,000+ 0.92% (0.92% gross p.m.) 0.73% (0.73% net p.m.)
Rates effective from 2 March 2009 until 1 April 2009.
eSaver (Issue 5) monthly interest only (formerly Alliance & Leicester)
1+ 2.36% (2.33% gross p.m.) 1.89% (1.86% net p.m.)
Rates effective from 2 April 2009. Previously called eSaver Issue 2. Account available in Alliance & Leicester between 25 September 2008 and 7 January 2009.
eSaver (Issue 5) previous rates monthly interest only (formerly Alliance & Leicester)
1-500,000 2.87% (2.83% gross p.m.) 2.30% (2.26% net p.m.)
Rates effective from 2 March 2009 until 1 April 2009.
eSaver (Issue 4) monthly interest only (formerly Alliance & Leicester)
50,000+ 0.88% (0.88% gross p.m.) 0.70% (0.70% net p.m.)
1+ 0.53% (0.53% gross p.m.) 0.42% (0.42% net p.m.)
Rates effective from 2 April 2009. Previously called eSaver Issue 1. Account available in Alliance & Leicester between 15 November 2007 and 24 September 2008.
eSaver (Issue 4) previous rates monthly interest only (formerly Alliance & Leicester)
50,000-500,000 1.39% (1.38% gross p.m.) 1.11% (1.10% net p.m.)
1+ 1.03% (1.03% gross p.m.) 0.82% (0.82% net p.m.)
Rates effective from 2 March 2009 until 1 April 2009.


Now I might be wrong, but the above do not seem to me to be the correct Esaver4 accounts.
Where is the listing for the most recent Esaver 4 accounts and their current interest rates?

Edited by inflating, 13 March 2012 - 02:09 PM.


#14 Bruce Banner

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Posted 13 March 2012 - 02:57 PM

They don't make it easy do they. I just logged into my account, using a more secure connection, and could find no mention of the current rate. Normally banks send a letter when rates change so perhaps it's still 3.1%, I'll give them a ring in a couple of weeks when I'm back in UK.
.



----------------------------------------------------------------------------------------------------------
Lest there be any doubt.

No I believe prices will fall and am astounded that a so called Conservative led government could act in such a stupid way. As you can see from today, there are 2,000 HtB applicants and it has been on MSM none stop all day and they make up about 3.5% of a typical months mortgages.

BTL is a good potential way to bankruptcy and yes sometimes I make points to hopefully make people think.


#15 inflating

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Posted 13 March 2012 - 03:25 PM

They don't make it easy do they. I just logged into my account, using a more secure connection, and could find no mention of the current rate. Normally banks send a letter when rates change so perhaps it's still 3.1%, I'll give them a ring in a couple of weeks when I'm back in UK.


Thanks, I'm not in the UK either

Just got to hope they update their lists soon, got to keep an eye on all variable savings account rates because even with the limited time bonus, if the rate goes down the account becomes very average returns wise




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