A bank account with a high interest rate!

5% AER (fixed)

An amazing 5% AER (fixed) on balances upd to £2,500 for 12 months

  • 5% AER/4.89% gross (fixed). Available on balances up to £2,500 for 12 months from account opening when you pay in at least £1000 a month*
  • 0% EAR typical Advance Overdraft for the first 4 months when you switch using the Account Transfer Service. 19.9% EAR typical (variable)
  • We'll match your previous overdraft up to £5,000 (depending on your circumstances) when you switch using the Account Transfer Service
  • Access to your account around the clock with Online Banking, Telephone Banking and over 1000 Santander branches
  • Exclusive access to The Santander Zero Credit Card – current account customers benefit from 0% on balance transfers for 12 months from account opening with no balance transfer fees. Typical 18.9% APR (variable)

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Further information

*After 12 months rate changes to 1% gross/AER (variable) on balances up to £2,500. Customers must be over 18. Limit of one 5% AER (fixed) Preferred In-Credit Rate Account per person. We will not pay interest on any amount over £2,500 or on your whole balance if you do not pay in at least £1,000 monthly.


AER stands for Annual Equivalent Rate and shows what the interest would be if we paid interest and added it to your account each year. The gross rate is the interest rate we pay before income tax is taken off. Rates may change and we pay interest each month or year.

EAR stands for Effective Annual rate and represents the yearly cost of an overdraft, which takes into account how often interest is charged to the account and does not include any other fees or charges.

Overdrafts depend on your circumstances and you must repay any overdraft when we ask in line with our General Terms and Conditions.

Santander UK plc. Registered Office: 2 Triton Square, Regent's Place, London NW1 3AN, United Kingdom. Registered Number 2294747. Registered in England. www.santander.co.uk. Telephone 0870 607 6000. Calls may be recorded or monitored. Authorised and regulated by the Financial Services Authority except in respect of its consumer credit products for which Santander UK plc is licensed and regulated by the Office of Fair Trading. FSA registration number 106054 www.fsa.gov.uk/pages/register/. Santander and the flame logo are registered trademarks. Santander UK plc advises on mortgages, a limited range of life assurance, pension and collective investment scheme products and acts as an insurance intermediary for general insurance.