A rate increase sees the Telephone Saver Issue 5 account sitting comfortably towards the top of the over 50s market.
This account pays annual rates of 2.60% including a bonus of 2.10% for twelve months to savers with deposits between £1 and £9,999 and 3.00% including a 2.50% bonus for twelve months to those with investments between £10,000 and £1 million.
No advance notice is required to access funds. The account is available to savers aged 50 and over.
This account has been awarded four out of five Moneyfacts stars.
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