Santander savings accounts 'offering 6% interest'

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Santander savings accounts 'offering 6% interest'

Santander's banks in the UK are offering savers the chance to make the most of their money by inviting them to take advantage of high interest rates, it has been reported.

The Abbey Super Fixed-Rate Monthly Saver is exclusive to those changing their current accounts to either the Reward Account or Preferred In Credit Rate product.

These packages each offer six per cent AER gross interest, meaning that those who save the maximum sum every month could stand to make £247.50.

"Millions of people have not updated their bank account within the last decade, so this is a great opportunity to ditch a poor value account and move [on]," said head of current accounts at Abbey and Alliance & Leicester Gillian Almond.

Santander's pre-tax profits rose by more than 30 per cent during the first half of 2009, compared to the final half of 2008, it revealed last week.

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