Offshore savings Updated:
Abbey International has delivered some great news for offshore savers by increasing the interest rate on its five year fixed term account.
Now paying 4.25%, the account is ideal for savers looking for a longer term offshore savings home for their funds.
That they can leave their funds deposited for the full term is vital, however, as earlier access is not permitted.
Although a call account must either already be open or opened to be able to apply for this fixed term product, it does not have to be funded and has a low minimum investment of £1K.
The minimum investment into the main account is £50K.
Paying a rate which puts it amongst the market leaders in its field, this offshore savings account earns four out of five Moneyfacts stars.
Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.
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