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Get in the fix with RBS

Get in the fix with RBS

Category: Savings

Updated: 01/07/2010
First Published: 01/07/2010

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.
The Royal Bank of Scotland has bucked the recent downward trend in the fixed rate market by increasing the interest paid on its one year account by up to 0.75%.

The Fixed Rate Bond is a branch based account that pays 2.50% yearly on a minimum investment of £5K, 2.75% on £25K and 3.00% on £50K.

No further additions are permitted, although early access is allowed, subject to 90 days' loss of interest. Bank base rate (currently 0.50%) is paid until the term starts on 6 September 2010.

Investors must have or open a Royal Bank of Scotland instant access savings or current account (not Cash ISA or Direct Saver).

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