Sainsbury’s turns savings trend on its head - Savings - News - Moneyfacts

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Sainsbury’s turns savings trend on its head

Sainsbury’s turns savings trend on its head

Category: Savings

Updated: 28/06/2010
First Published: 25/06/2010

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.
Sainsbury's Finance has turned current savings trends on their head by increasing the rate available on its Easy Saver no notice account.

With the introductory bonus rising to 2.20%, the rate available on the account now stands at 2.70%, providing no more than five withdrawals are made during the first year.

The maximum investment allowed during the bonus period has also been increased to £100K.

The rate of 2.70% means it ranks amongst the best no notice accounts around, which are not solely operated via the internet.

Although savers will need to make sure they stick to the withdrawal restrictions in order to fully benefit from the high rate, this deal earns four out of five Moneyfacts stars.

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Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

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