Santander has launched a new saving account with interest rates of 2.5%.
The high street banking giant's new account only needs £1 to activate and acts as one of the best regular savings accounts for consumers currently on the market. The bank’s new 123 Regular e-Saver will be made available to both new and existing customers from tomorrow - April 6.
The new account will offer people 2.5% interest AER/Gross for 12 months and through the 123 Regular e-Saver, consumers will be able to access their account online or through Santander 's dedicated banking app. It will be fully accessible to those who are already 123, Private and Select current account customers and are 16 or over.