Santander has today launched a new range of Fixed Rate ISA products, with a £50 voucher offer for customers transferring in £10,000 or more from a non-Santander ISA. 

The new range of competitive ISAs, which can be opened online or in branch, are:

• 1 Year Fixed-Rate ISA – 4.15% AER/tax-free (fixed)
• 18 Month Fixed-Rate ISA – 4.05% AER/tax-free (fixed)
• 2 Year Fixed-Rate ISA – 4.00% AER/tax-free (fixed)

The bank is also offering a £50 cashback e-voucher to customers who transfer an ISA of at least £10,000 from another provider into a Santander Fixed Rate ISA. The voucher can be spent at over 100 outlets, including restaurants, supermarkets and clothes stores. A full list of retailers can be found here. Customers will receive their code to redeem their voucher automatically by email within 30 days of the completed transfer.

Saket Jasoria, Head of Savings at Santander UK, said: “With the new tax year just around the corner, we know many will be considering how they can make their money work harder for them. That’s why we’re pleased to launch our new Fixed Rate ISAs giving customers tax-free competitive returns, along with our £50 e-voucher cashback offer, as an added treat this Spring.”

Santander is part of the industry ISA transfer scheme and has dedicated teams in place to process customers’ ISA transfer requests, making it quick and easy for customers to transfer an ISA from another provider to Santander.

More information about Santander’s fixed rate ISAs and savings product can be found on the Santander website and in branch.