Santander launches new fixed rate ISA range paying up to 4.70%, with £400 in hotel vouchers up for grabs for switchers

4 Aug, 2026

Santander has today (4 August 2026) launched a new range of Fixed Rate ISAs, offering competitive rates of up to 4.70% AER/tax-free, alongside rewarding customers who transfer in an ISA from an external provider, with up to £400 in hotel vouchers.

The new range includes two top-of-market rates among high street providers for a three-year (4.65%) and five-year (4.70%) fixed rate ISA.

The new Fixed Rate ISA range1 includes:

  • 1 Year Fixed Rate ISA (12 months): 4.50% AER/tax-free
  • 2 Year Fixed Rate ISA (24 months): 4.50% AER/tax-free
  • 3 Year Fixed Rate ISA (36 months): 4.65% AER/tax-free
  • 5 Year Fixed Rate ISA (60 months): 4.70% AER/tax-free

To help customers make even more of their savings, Santander is offering those who transfer a full ISA with a minimum balance of £25,000 from another provider into a Santander ISA up to £400 in TLC hotel vouchers2, which can be used across 1.5 million hotels worldwide, including popular hotel chains like Marriott, Hilton, and Millenium hotels.

To qualify for the hotel voucher, customers must:

  • Open one of our new Fixed Rate ISAs on or after 4 August 2026 and before the offer is withdrawn;
  • Complete a “transfer in” instruction online or in branch within the first 14 days of opening or upgrading their account, which asks for customers’ non -Santander ISA to be transferred to the new Fixed Rate ISA;
  • Ensure the non-Santander ISA that is being transferred in has a balance of at least £25,000 and is transferred in full – patrial transfers are not eligible3; and
  • Be a UK resident and at least 18 years old.

Joao Soares, Head of Savings at Santander UK, said: “At a time when many savers are looking for both certainty and value when it comes to their money, our new Fixed Rate ISA range offers customers guaranteed and competitive longer-term rates. For eligible customers who choose to transfer an external ISA to Santander, the added benefit of up to £400 in hotel vouchers means they can enjoy a reward today, while continuing to build their savings for tomorrow.”