Advertisement:

News Centre

BM Savings introduces new variable account

BM Savings introduces new variable account

Category: Savings
Date: 1/11/2012

BM Savings has replaced its straightforward internet account with a bonus option with tiered rates and an increased minimum investment.

The Online Extra account pays up to 3.20%, which is a market leading rate, although an investment of £50K is required to achieve this return, and it also includes a 2.70% bonus.

The minimum investment of £1K pays 2.60% with a 2.10% bonus and those with £20K to invest will receive 3.00% including a 2.50% bonus.

A review will be required after 12 months when the bonus drops off.

Four out of five Moneyfacts stars have been awarded.

Find the best savings rates for you - Compare savings accounts

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 Any products featured may be withdrawn by their provider or changed at anytime.

Related Articles

Savers urged to consider regular contributions

Savers setting up monthly payments into their savings accounts are getting ahead of the game when it comes to building up a nest egg.

Ulster Bank improves Direct Saver terms

Ulster Bank has improved its Direct Saver account by upping the rate of interest and cutting the minimum investment.

Take note of Hanley Economic notice account

Hanley Economic BS has extended its savings portfolio with the launch of a 180 day notice account.