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Review of the Santander, Saver:

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Terrible

UK Bank interest rate at 5% and their savings rate on my account was about 0.5%. but the advertised rate was 2%. I call up to ask why I'm not getting the new higher rate and they tell me I have an older version of the same account and need to apply for the new version of the same account. I had 50k in the account so asked if they could just make the switch for me. Nope. Mortgage rates go up immediately but these pathetic savings rates take months to go up and then Santander provides obstacles to getting their own new savings rates. Well good bye Santander. You treated me like **** so I'm taking my money elsewhere. Reviewed on: 18th July 2023

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