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Finance

Santander warns Brits to beware as fraudsters can access your computer in online scam

Mr G was one of the victims of this scam after he saw an advert for the investment scheme which looked like it was being promoted by the Money Saving Expert Martin Lewis, however the financial journalist had had his identity stolen. He was then contacted by the scammer who was posing as his “personal […]

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Finance

‘Worried a moment!’ Santander issues warning on text which could drain your bank account

@Mattrfreeman replied: “Thanks for confirming. I got worried for a moment!” It is this worry the scammers are playing on, with hopes of hooking a concerned saver with their devious tricks.  Sadly, one person said they were reeled in by the scam, with @thewrldsucks writing: “I received a scam text and foolishly entered by details […]

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Finance

‘Can be spoofed’ Santander issues warning for new scam text using bank’s official number

This style of message from Santander began appearing around June 16. Since then, the bank received around 33 tweets reporting the scam messages. Scammers use messages like this to worry or scare the customer into clicking the bogus link that has been attached to the message. The link would usually take the person to a […]

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Finance

Santander issues warning as pensioner loses over £800 in ‘highly believable’ scam

The victim, who asked not to be named, told how she was asked to download an app on her phone that allowed her scammer to gain access to all sorts of confidential information. Santander warn there has been a rise phone call and email scams pretending to be from banks or other financial bodies, advising […]

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Finance

Santander ups interest rates on mortgages and savings after Bank of England rate rise

Savings rates are beginning to creep up again after the Bank of England increased interest rates by 0.25 percentage points in May and June. Currently, Santander’s 123 Regular e-Saver offers an attractive rate of 2.5 percent interest but this is only for the first 12 months. At the end of the 12 month period, savers […]

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Finance

Santander offers ‘top rate’ savings rates of 2.5% plus cashback on bills

The savings account has one of the best interest rates available plus it’s been named as one of the best bank accounts for long term rewards. Savings rates are beginning to creep up again after the Bank of England increased interest rates by 0.25 percentage points to 1 percent last month. Currently, Santander’s 123 Regular […]

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Finance

Santander warns of way scammers use a ‘legitimate app’ to access your account information

Social engineering is a versatile scam tactic that can occur over the phone, online or even in person. Santander notes that fraudsters impersonate trusted, genuine companies or individuals, such as a victims’ bank, the police or even personal friends or family members. One example of a social engineering scam is remote access scams. These scams […]

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Finance

Santander launches savings account with 2.5% interest rate – but does it beat inflation?

Mr Cameron explained: “Aegon analysis of inflation and interest rates over the last 50 years shows that people are losing more purchasing power now than at any other time over the last 44 years. “You need to go back to November 1977 for as bad a situation, when inflation was at 13 percent, or six […]

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Finance

Santander down: Hundreds of customers find bank transfers aren’t working – ‘Don’t resend’

Some people have been facing this dilemma as early as last night, with the very first reports to Down Detector trickling in around 8:30pm.  A Down Detector user, Chris Clarkson, highlighted that it’s not just bills being left unpaid, but even a transfer to one’s own account seems impossible in the current circumstances.  They shared: […]

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Finance

‘I’ve been made a fool of’ Santander warn against growing scam as woman loses £16,000

Paula Boughton, from Paignton, Devon, thought she was making payments on behalf of her daughter, however she later realised she had sent this money to criminals. WhatsApp users have been warned about a “mum and dad scam” which has seen one woman conned out of £16,000. Scammers have been posing as family members to convince […]