The Santander Shareholder Account and Dividend Re-investment Plan is a great savings option - exclusive to people based in the UK who own Santander shares and hold them through the Santander Nominee Service. It offers a variable rate of interest of 5% gross p.a./AER (variable) on deposited Santander share dividends between re-investments.
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Santander Shareholder Account |
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Tier |
Gross rate p.a./AER (variable) |
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£1 plus |
5.00% |
Interest rates are variable. Rates correct as at 1st October 2011. Interest is paid quarterly on accounts opened after 15th June 2009. For more detailed information on rates please visit our rates and fees page.
AER stands for Annual Equivalent Rate and shows what the interest rate 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. Apply now
Your investment in Banco Santander Central Hispano, S.A. ("Banco Santander") is recorded electronically in CREST in the form of Banco Santander CREST Depository Interests (CDIs). In these pages the term “shares” and associated references (“shareholders”, “shareholding” etc) refer to Banco Santander CDIs held through the Grupo Santander Nominee Service, except where the context otherwise requires.