McIlroy's Kiawah triumph gave Santander customers a better interest rate

McIlroy’s Kiawah triumph gave Santander customers a better interest rate



Rory McIlroy's bank account balance went up by $1.44 million for winning the PGA Championship last week.

The Ulsterman's second major championship victory also helped boost the credit side of the ledger of several hundred thousand bank customers in Europe.



Over 600,000 customers of Santander bank, a Spain-based bank that sponsors the 23-year-old, saw a boost in the interest rate on their savings account because of McIlroy's win, according to the U.K.-based Telegraph. For customers with money in a particular individual savings account (what's known as a certificate of deposit in the United States), their interest rate will be bumped up from 4 percent to 4.1 percent since McIlroy won a major this season.

The savers won't be able to bump up their account balance to take advantage of the hike in the interest rate, as the interest will be paid on the initial deposit when the note matures. The minimum deposit was one pound, with a maximum of 5,640 GBP.



SUBSCRIBE: YOUTUBE | ROKU


GNN PLUS LOGIN