For UK savers looking to boost their finances past a savings account, Spain-based banking giant Santander has recently issued a reminder that the bonus on its current account offering is set to end on December 12 of this year. Santander has issued the warning of the quickly closing bonus window in order to alert its customers that the limited-time offer will soon expire.
The Spanish financial services provider has issued the last-minute warning to savers that may be dragging their feet on taking advantage of the deal by reminding them that the £100 bonus they would receive by switching from their present current account to the personal and business bank account provider will no longer be available in just a few short weeks.
If the £100 bonus isn’t enough to entice some savers, the package also carries the added benefit of a credit interest rate of five per cent. This makes the current account offering from Santander an ideal choice for those savers who desire to make their hard-earned cash stretch just that bit further for the rapidly approaching holiday shopping season.
Santander’s head of current accunts Gillian Almond released a statement in conjunction with the reminder by remarking that a paltry seven per cent of UK current count holders have actually taken the step to switch to a new financial services provider in the last 12 months. Ms Almond added that this statistic means that an astounding 93 per cent of current account holders that choose not to switch could very well be missing prime opportunities to secure very attractive interest rates if they would only take the time and effort to switch providers.
In related news, research findings recently released by Santander revealed that a great many number of people show high levels of reluctance when it comes to considering making a switch to their current account provider.