M&S Bank has launched its Monthly Saver account available to customers with an M&S Premium Current Account.
Fixed for twelve months, this regular savings account pays a monthly rate of 6.00% to savers committed to making regular monthly investments between £25 and £250.
The finer details….
Twelve deposits must be paid per year. Early access to funds is permitted, although this is subject to account closure and a rate reduction of 4.65% for the term.
Savers must be aged 18 and over to operate this account.
The Premium Current Account requires a monthly fee of £15.
Why we like it…
This latest savings account from M&S Bank pays a highly competitive rate to customers who take out or have an existing Premium Current Account. Four out of five Moneyfacts stars have been awarded.
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