Fourmidable savings rate from Dunfermline - Savings - News - Moneyfacts

News

Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

Fourmidable savings rate from Dunfermline

Fourmidable savings rate from Dunfermline

Category: Savings

Updated: 20/10/2009
First Published: 20/10/2009

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 It is now over 6 months old so the content may be out of date.

Dunfermline BS has launched a new instant access branch based regular savings account, which offers an improved rate of up to 4.00%.

It bays a basic rate of 2.00% yearly on a minimum monthly investment of £10 (maximum of £250). The underlying rate is guaranteed to be base rate plus 1.50% until 31.10.11.

A further bonus of 2.00% is paid until 31.10.10 provided at least 11 monthly payments and no more than one withdrawal are made in the first year.

The top rate is amongst the top deals in the variable savings market and encourages investors to save regularly, while offering withdrawals in uncertain times, albeit subject to penalty.

This account has been awarded four out of five Moneyfacts stars.

Find the best savings account 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 Any products featured may be withdrawn by their provider or changed at any time.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

Just 44 savings accounts beat inflation

Inflation recorded another large jump during December, and predictably, this has had a devastating impact on the number of savings accounts that beat it, so much so that you’ll need to lock your money away if you want an inflation-beating return.

Just 47% have money in a savings account

We’re often told of the importance of saving, yet unfortunately, the message doesn’t always get through. Indeed, research shows that just 47% of those surveyed have money in a savings account, and 17% have no savings or investment whatsoever.

How much will you save this year?

Many of us have set savings goals for the year ahead, and planning to budget better and save more will be at the top of many financial resolution lists. But how much are you hoping to squirrel away? Encouragingly, many people have impressive targets.
 
Close