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Edinburgh Live
Edinburgh Live
National
Patrick O'Donnell & Sophie Buchan

Santander to launch 'best regular savings accounts on the high street' with just £1 deposit

Santander have announced that they are set to launch of a new savings account with a very favourable interest rate for customers.

The bank will be offering the new savers account to new and existing customers tomorrow (April 6) and UK residents aged 16 or over can open an account for as little as £1.

Called 123 Regular e-Saver, the new addition will offer those looking to boost their finances a fixed rate of 2.5 per cent interest AER/Gross (fixed) for the first 12 months.

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