Posted April 21, 2011 by Simon in News

Bradford & Bingley Savings Accounts in Santander

Back in 2008 all of Bradford & Bingley’s retail branches, as well as its customers savings accounts were transferred across to Abbey, which in January 2010 was re-branded to Santander.

As a result of the merger of savings accounts, Santander have announced some changes that they are implementing on these old Bradford & Bingley savings accounts.

Most of these changes are to terms and conditions, but there are a couple which you should be aware of when accessing your accounts through online banking.

Online Statements

These are available to review online and are updated daily. You can customise a statement back to the start of 2006.

Account Naming

If you have a Balanced FTSE Loyalty Bond Maturity or E Savings E Bond Maturity 1, 2, 3, 4, 5, 6 or 7, your account name will change to eSavings Bond Maturity Account.

If you have an E-Savings, E-Savings 2, E-Savings 3 or 4 Annual, E-Savings 5 Monthly and Notice Saver Online Annual, your account name will change to eSavings 1. Notice Saver Online customers will now enjoy instant access to their funds, with no notice required and penalty free.

If you have an E-Savings ISA and EISA 2 Annual, your account name will change to eSavings ISA.

These changes will take effect from 30 June 2011. In all cases, you do not need to do anything. Your account number will remain the same, you can continue to access your account in the same way, and your interest rates are unchanged.