Newcastle BS has expanded its range of variable rate savings accounts to startling effect.
The new Online Bonus Saver is a no notice account paying 3.15%.
This includes a bonus of 1.00% for 12 months, making a review of its competitiveness essential in a year's time.
Careful budgeting will be required as the number of withdrawals is restricted to four per year.
In addition, savers must be comfortable arranging their financial affairs online, as it is an internet operated account.
But for paying the top rate in the no notice internet savings field, this account earns the maximum five out of five Moneyfacts stars.
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