Santander Edge Saver: New market-leading easy-access account comes with some hurdles

Savers with the Santander Edge Saver can beat inflation, but there are certain hurdles you need to clear.

A branch of Santander on the high street
(Image credit: Getty Images)

Savers can now beat inflation with an easy-access account, after Santander improved the returns on offer from its Edge Saver, though there is a catch which means it won’t be right for everyone.

With inflation running so persistently high for the last year, it has been all but impossible for savers to obtain an inflation-beating return from the money they stash away. As a result, even with the increasingly good interest rates on offer from savings accounts as bank base rate has risen, savers have seen the value of their pots lose value in real terms.

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John Fitzsimons

John Fitzsimons has been writing about finance since 2007, and is a former editor of Mortgage Solutions and loveMONEY. Since going freelance in 2016 he has written for publications including The Sunday Times, The Mirror, The Sun, The Daily Mail and Forbes, and is committed to helping readers make more informed decisions about their money.