Which Santander account suits you depends on how you save and which current account you hold. As of 28 September 2026, the Regular Saver pays 8.00% AER variable (including a 5.00% bonus for 12 months) on up to £200 a month, for anyone with a Santander current account; the Santander Edge Saver pays 6.00% AER variable (including a 2.50% bonus for 12 months) on balances up to £4,000, for Edge and Edge Explorer customers only; and for a lump sum, the Fixed Term Savers pay 4.20% to 4.40% AER fixed and the Fixed Rate ISAs 4.45% to 4.65% AER tax-free. All of these rates can change, so confirm the current rate with Santander before you open an account.
This page is part of our Santander UK guide. The rates are from Santander’s savings and ISA pages, read on 28 September 2026.
Santander savings rates as of 28 September 2026
| Account | Rate (AER) | Who can open it | Access | Paying in |
|---|---|---|---|---|
| Regular Saver | 8.00% variable for 12 months (includes a 5.00% bonus), then 3.00% | Santander current account holders, 16 or over | Withdrawals any time, to your Santander current account | Up to £200 a month, from your Santander current account only |
| Santander Edge Saver | 6.00% variable on £1 to £4,000 for 12 months (includes a 2.50% bonus), then 3.50%; nothing above £4,000 | Edge or Edge Explorer current account holders, 18 or over | Any time, online and in the app only | From your Edge or Edge Explorer account only, £1 minimum |
| Easy Access Saver | 2.00% variable for 12 months, then an Everyday Saver | Anyone 16 or over living in the UK, single or joint names | Instant | £1 to £2 million |
| Limited Access Saver | 3.00% variable in calendar months with up to 2 withdrawals; 1.00% for any month with 3 or more | Anyone 16 or over, single or joint names | Limited, 12-month term | £1 to £2 million |
| First Home Saver | 4.00% variable in months with up to 2 withdrawals; 1.00% in months with 3 or more | Anyone 16 or over who has never owned a home and is saving for one, single or joint names | Any time, but 3 or more withdrawals in a month drop the rate for that month; 24-month term | £1 minimum |
| Fixed Term Saver | 4.20% fixed for 1 year; 4.40% for 2 years; 4.40% for 3 years | Anyone 16 or over, single or joint names | None until the end of the term | £500 minimum, paid in within 14 days of opening (one or more payments) |
| Easy Access ISA | 2.00% tax-free variable for 12 months, then an ISA Saver | Anyone 18 or over and UK resident | Instant (not a flexible ISA) | £500 minimum, until 5 April 2027 |
| Fixed Rate ISAs | 4.45% for 1 year; 4.45% for 2 years; 4.60% for 3 years; 4.65% for 5 years | Anyone 18 or over and UK resident | Closure only, with a charge of 120 days’ interest | £500 minimum, deposits until 31 October 2026 |
| Junior ISA | 2.70% tax-free variable | Children | None until the child turns 18 | No minimum |
The fixed rates assume your money goes in by 1 October 2026 (the terms run to 1 October 2027, 2028, 2029 and, for the 5-year ISA, 2031). Santander Select customers have a separate Select Easy Access Saver, and Santander also offers an Inheritance ISA for a surviving spouse or civil partner.
How to choose between them
- Saving from your pay each month: the Regular Saver. You need a Santander current account of any kind (except a 1|2|3 Mini account held in trust), and you can only pay in from it. The headline rate is on money you add over the year, so the interest in pounds is modest: see the worked example below.
- A small pot you want to reach at any time, if you bank with Edge: the Edge Saver. It pays nothing on money above £4,000, so it suits an emergency fund of up to that amount, with anything more held elsewhere. Santander’s Edge Saver page names only Edge and Edge Explorer customers as eligible, not Edge Up; the Edge Up current account pays credit interest instead, on balances up to £25,000 (2.10% AER variable as of 28 September 2026).
- Easy access for anyone: the Easy Access Saver, or the Limited Access Saver if you’ll rarely withdraw. On the Limited Access Saver, a third withdrawal in a calendar month drops the whole month to 1.00%, and the rate goes back up from the first day of the next month.
- A lump sum you won’t touch for a year or more: a Fixed Term Saver or Fixed Rate ISA. The Fixed Term Saver allows no withdrawals during the term and can’t be closed early except in exceptional circumstances (Santander gives the death of an account holder as an example); the Fixed Rate ISA lets you close it early for a charge equal to 120 days’ interest.
Tax. ISA interest is tax-free. The other accounts pay interest gross, and it may be taxable if your total savings interest goes over your Personal Savings Allowance; the amount depends on your income tax band, as set out in our Personal Savings Allowance guide. To compare Santander with other providers, see our guide to regular saver accounts.
The Regular Saver in detail
You can hold one Regular Saver, in your name only, if you’re 16 or over, live in the UK and have a Santander current account (single or joint). You can open it on Santander’s website, in Mobile or Online Banking, in a branch or by phone. How it works, according to Santander:
- You can pay in up to £200 in each account month, which runs from the date you opened it (open on the 16th, and each month runs to the 15th). That’s £2,400 in any 12 months. There’s no minimum monthly deposit and you can skip months.
- You can only pay in from your Santander current account. Paying in from anywhere else, or more than £200 in a month, can lead Santander to switch the account to an Everyday Saver.
- You can take money out at any time, back to your Santander current account, but money you take out and pay back in counts towards the month’s £200.
- Interest is worked out daily and paid once a year, on the anniversary of opening. After the first 12 months, the bonus ends and the rate as of 28 September 2026 is 3.00% AER.
Worked example (month by month). You pay in £200 a month for 12 months at 8.00%, starting the day after you open the account. Each deposit only earns interest for the months left until the anniversary:
| Deposit | Months earning interest | Interest at 8.00% |
|---|---|---|
| 1st £200 | 12 | £16.00 |
| 2nd £200 | 11 | £14.67 |
| 3rd £200 | 10 | £13.33 |
| 4th £200 | 9 | £12.00 |
| 5th £200 | 8 | £10.67 |
| 6th £200 | 7 | £9.33 |
| 7th £200 | 6 | £8.00 |
| 8th £200 | 5 | £6.67 |
| 9th £200 | 4 | £5.33 |
| 10th £200 | 3 | £4.00 |
| 11th £200 | 2 | £2.67 |
| 12th £200 | 1 | £1.33 |
| Total: £2,400 paid in | £104.00 |
Santander’s own example gives the same result: a balance of £2,504.00 after 12 months. The £104.00 is about 4.3% of the £2,400 you paid in, roughly half the headline rate, because the average deposit is only in the account for about half the year. Santander’s example goes on: carrying on at £200 a month for a second year, at 3.00%, gives a balance of £5,018.12 after 24 months on £4,800 paid in.
As of 28 September 2026, Santander’s £240 offer for switching to its Everyday Current Account also requires you to fund a Regular Saver held in your name (a new one or one you already have) with at least £200 within 60 days of your switch request, and to still hold it on the day Santander pays the £240 (Santander’s switching page says the offer applies to switch requests received between 1 September and 7 October 2026, and it can be withdrawn sooner). Switching offers change often; the current accounts are covered on our Santander UK overview.
The Santander Edge Saver in detail
The Edge Saver is an online account for customers with a Santander Edge or Santander Edge Explorer current account. You apply separately, through Online or Mobile Banking (or in a branch), after the current account is open, and you can only manage it online or in the app. You can have one Edge Saver for each Edge or Edge Explorer current account you hold, up to three in total, each in your name only. If you close the current account, Santander may close the Edge Saver or move you to a lower-paying account.
As of 28 September 2026, the rate is 6.00% AER / 5.84% gross variable on balances from £1 to £4,000 for the first 12 months, including a 2.50% AER bonus, and 3.50% AER after that. Balances above £4,000 earn no interest. Interest is worked out daily and paid monthly.
Worked example. Keep £4,000 in the Edge Saver for the first year and you earn about £234, not the £240 that 6.00% of £4,000 suggests: the 6.00% AER assumes monthly interest is left to earn interest, but here it takes the balance over the £4,000 cap, where it earns nothing, so the most you can earn is the 5.84% gross rate on £4,000. Keep £6,000 there and you still earn about £234, because the £2,000 over the cap earns nothing: roughly 3.9% on the whole balance. The Edge current account itself costs £36 a year, which is worth counting if you’d only open it for the saver; its fees and cashback are set out on our Santander fees page.
Santander cash ISAs and ISA transfers
You can pay in up to £20,000 each tax year, which runs from 6 April to 5 April. Santander’s rules on top of that:
- One Santander cash ISA a year. You can only pay into one Santander cash ISA in each tax year (6 April to 5 April), although other providers may let you pay into several.
- The Easy Access ISA isn’t flexible. If you take money out, it loses its tax-free status, and paying it back in uses up this year’s allowance again.
- Fixed Rate ISAs take no partial withdrawals, and closing one early, or transferring it to another provider before the end of the term, costs the equivalent of 120 days’ interest. The current issues take deposits until 31 October 2026. You can choose what to do with the money from 28 days before the term ends; if you don’t, Santander moves it to an ISA Saver.
Transferring an ISA to Santander. Open the Santander ISA first, then ask Santander to arrange the transfer; don’t withdraw the money yourself, or it loses its ISA status. Santander doesn’t charge a transfer fee (your old provider may). You can move some or all of the money from previous tax years, but money paid in during the current tax year must come across in full, because Santander doesn’t accept part-transfers of current-year subscriptions. For a Fixed Rate ISA, Santander needs your transfer application within 14 days of opening and the money within 30 days; its Easy Access ISA page also asks for transfers from another provider within 14 days of opening. If you have a flexible ISA with unused allowance, pay it back in before you transfer, because a full transfer to Santander loses it. Santander’s Stocks and Shares ISA has a different ISA manager (Santander ISA Managers Limited), so moving money between it and a Santander cash ISA counts as a transfer between providers. Our ISA transfer rules guide covers the rules that apply to every provider.
Is your money protected?
Santander UK plc is covered by the Financial Services Compensation Scheme (FSCS) up to £120,000 per customer, across everything you hold with it. Santander UK plc takes deposits under its own name and under the cahoot, Santander Business and Santander Corporate & Commercial names, so money with cahoot and Santander shares one £120,000 limit. A joint account held by two people is protected up to £240,000. Santander describes FSCS cover as automatic protection, so there’s nothing to sign up for; how a claim would work if a bank failed is set out in what happens if your bank goes bust.
Opening and managing a Santander savings account
Most accounts can be opened on Santander’s website, in Mobile or Online Banking, in a branch or by phone; the Edge Saver is opened online or in a branch, the Easy Access and Fixed Rate ISAs in a branch, online or in the app, and the Junior ISA only in a branch. Existing savers whose account is maturing can upgrade it to another Santander account in the app (“Products and offers”, “Savings”, “Upgrade your savings account”) or in Online Banking, keeping the same account details. Each Santander savings page sets out the account’s rate, access and end-of-term rules and links to its key facts document; check the withdrawal rules and the end-of-term arrangements there before you apply. If you’re moving a large sum out of a Santander account to another bank, the limits on Santander payments are on our Santander transfer limit page.