Santander offering Flexible Isa issue 2 to customers

Santander to introduce new flexible ISA

Santander is introducing a new flexible ISA that pays 2.81 per cent in the first 12 months.
Santander aims to reward customers with flexible ISA

An individual savings account (ISA) aimed at rewarding customer loyalty has been launched by Santander.

Wednesday, 05 May 2010 12:00

Santander and Alliance & Leicester have announced that their Flexible Isa issue 2 will remain on available to customers who have their main bank account with the organisations or open a new one.

The Isa has a rate of 3.2 per cent and guarantees to pay a minimum of 2.7 per cent above the base interest rate for the first year while staying above 3.2 per cent.

Savers can withdraw money without penalty and can open an account with a minimum balance of £1.

"This latest offering cements our continued approach of rewarding loyalty and that the more business you do with us, the more we will offer you in return," said Reza Attar-Zadeh, Santander director of savings and investments.

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