Ulster Bank improves Direct Saver terms - Savings - News - Moneyfacts

News

Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

Ulster Bank improves Direct Saver terms

Ulster Bank improves Direct Saver terms

Category: Savings

Updated: 21/05/2012
First Published: 21/05/2012

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 It is now over 6 months old so the content may be out of date.

Ulster Bank has improved its Direct Saver account by upping the rate of interest and cutting the minimum investment.

The rate has been increased by 0.27% to 2.92%, including a 1.27% bonus for 12 months, while savers now need a minimum investment of £5K instead of £10K which was required previously.

The changes to the account mean the Direct Saver now sits in the top five no notice, non-internet accounts, although it must be noted that a reduced rate is paid if a withdrawal is made in the month.

Four out of five Moneyfacts stars have been awarded.

Find the best savings rates for you - Compare savings accounts

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 Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

How much will you save this year?

Many of us have set savings goals for the year ahead, and planning to budget better and save more will be at the top of many financial resolution lists. But how much are you hoping to squirrel away? Encouragingly, many people have impressive targets.

How to make your savings go further this year

The start of a new year is always a good time to sort out your finances, and this year, focusing on your savings should be at the top of the agenda. We’ve got a few tips and tricks to help make your savings go further in 2017.

Top accounts to kickstart your 2017 savings habits

Is one of your resolutions to save more this year? If so, bravo! It's something we all need to get into the habit of, but to ensure that habit sticks – and maximise your returns in the process – you'll need to find the right savings account.
 
Close