ING Direct UK has increased the rate of the bonus paid on its Savings Account for new customers.
The bonus has been increased to 2.46% for 12 months (previously 2.22%), taking the new rate to 2.96%.
This is welcome news for investors in these times of low interest rates, and it makes the account one of the leading no notice rates on the market.
Investors must remember to review their position in a year when the bonus expires as the account is likely to become less than competitive.
However, in its current form, it has been awarded four out of five Moneyfacts stars.
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