Sainsbury's Finance has increased the conditional bonus on its Online Saver account by 0.20% to 2.70%, increasing the rate to 3.20%.
The increase means the product is now even more competitive, provided savers can adhere to the terms and conditions by ensuring they make no more than three withdrawals within a 12 month period.
Investors should review the account after 12 months to make sure it is still competitive.
Sainsbury's Finance's Online Saver has been awarded four out of five Moneyfacts stars.
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