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Good News From Banco Santander: Hire It Now and You Surely Won't Regret It
The entity is launching a series of customized deposits, where the remuneration exceeds 2% in some cases.
Banco Santander is committed to helping its customers improve their financial situation. As part of this mission, it has launched a personalized deposit offer. This initiative aims to give customers the opportunity to achieve a higher return on their savings.
The entity has launched personalized deposits with terms of six and twelve months. They are available exclusively through the entity's digital banking and require a minimum deposit of 15,000 euros. However, they are not intended for all customers in the same way.
To access these conditions, it is necessary to have a certain level of engagement with the bank or meet specific profiles. This means that this offer is mainly aimed at those who already maintain a closer relationship with the entity.
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What Remuneration Does Banco Santander Offer?
The remuneration that Banco Santander offers on these deposits varies depending on the amount invested and the chosen term. For deposits of 15,000 euros, the bank offers an APR of 2% if a six-month term is chosen. Meanwhile, if the term is one year, the return is reduced to 1.75%.
On the other hand, those customers with balances exceeding 50,000 euros can access higher interest rates. In this case, the remuneration will be 2.25% APR for six months and 2% APR for one year. This represents an excellent opportunity for those with greater saving capacity.
It is important to note that, like most entities, Banco Santander doesn't have a deposit offer open to everyone. The bank's commercial philosophy focuses mainly on products designed to retain its users. This means that Banco Santander's personalized deposits are more oriented toward those who already have a more established relationship with the entity.
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Banco Santander and Its Focus on Customer Loyalty
Banco Santander is committed to a strategy focused on rewarding customers who are more engaged with the bank. This loyalty model seeks to ensure that users who choose Santander as their main financial entity can take advantage of better conditions. Now, this can be seen with these personalized deposits.
Additionally, these deposits also allow customers to improve their savings through a flexible offer, which varies according to the amount invested and the term. This way, it gives its customers the possibility of obtaining an attractive return while strengthening the relationship with them in the long term.
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