The UK Step Down Kick-out Deposit Plan (SAN079) provides the potential to receive an accumulated return of 5.25% p.a. depending on the performance of the FTSE 100 Index.
The Plan has the potential to mature early (kick-out) from the second Anniversary Date and annually thereafter, stepping down by 5% each year to a required Final Index Level of 85% of the Initial Index Level.
On the Investment End Date, an investor will not receive a return on their Initial Investment if the Final Index Level finishes below 85% of the Initial Index Level.
An investor could lose some or all of their Initial Investment if Santander UK plc were to fail or become insolvent during the Investment Term, and the amount exceeds the Financial Services Compensation Scheme (FSCS) limit.
ISA transfer deadline
23 May 2025 (Stocks & Shares and Cash)
Application deadline
6 June 2025
Investment start date
13 June 2025
Anniversary dates
14 June 2027, 13 June 2028 and 13 June 2029
Investment end date
13 June 2030
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