first direct ups its short term savings game - Savings - News - Moneyfacts

News

first direct ups its short term savings game

first direct ups its short term savings game

Category: Savings

Updated: 02/09/2010
First Published: 02/09/2010

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.
first direct has upped its short term savings game by increasing the rate paid on its one year bond.

Its fixed term telephone operated account matures on 30 September 2011, with a minimum investment of £2K paying 2.80%. Earlier access is permitted on closure only and is subject to a £100 charge.

Further additions are not allowed but further bonds can be opened whilst the issue remains available, while a maximum investment cap of £49,999 is in place.

Clients must hold another first direct account other than an ISA or Regular Saver and must maintain the account for the term.

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 Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

6 of the best monthly interest savings accounts

Monthly interest savings accounts pay interest on your savings each month – as opposed to yearly – and therefore allow you to take a regular income from your hard-earned cash.

Savings being used as a festive financial buffer

Good news from RCI Bank UK – its latest research shows that many of us are saving more than we were a year ago, but the question is, will you be dipping into that buffer to cover the cost of Christmas?

6 of the best easy access savings accounts

Easy-access savings accounts are as simple as they sound – they allow you to access your money whenever you need it, without having to give advance notice, and they also allow you to pay into them at any time. Here are six of the best.
 
Close