Santander increases Help to Buy ISA rate to 4%
Santander is increasing the interest rate on its Help to Buy ISA to 4.00% to match Halifax, who currently offers the highest rate on the market.
The new rate will be available from the 14th March and will pay the new rate to both new and existing customers.
Helen Bierton, Head of Savings at Santander, said:
“Santander is really pleased to increase our support for customers saving towards their most important purchase by offering a market-leading rate to help first time buyers in the UK onto the property ladder. Our new Help to Buy ISA offers the opportunity to build a tax-free savings pot and then benefit from a boost to those savings with the government bonus.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
This week's biggest stories:
Santander
Santander to acquire TSB in £2.65bn deal
Bank Of England
Bank of England issues first-of-its-kind fine of £11.9m
Lloyds
Lloyds sets aside extra £4bn for high-LTI mortgage lending
Regulation
Lenders urged to prepare for court ruling on commissions as motor finance complaints surge
Financial Conduct Authority
FCA moves ahead with targeted support in 'transformational' advice reforms
Mortgages
FCA and PRA remove 15% LTI cap for mortgage lenders
