BM Savings increases online ISA rate | Product News - Moneyfacts

Product News

BM Savings increases online ISA rate

BM Savings increases online ISA rate

Category: ISAs
Date: 15/08/2014

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 It is now over 6 months old so the content may be out of date.

BM Savings has given its online instant access ISA a welcome boost, raising the rate by 0.04%. As a result, it holds a position among the top 10 of easy-access accounts.

The basics…

BM Online Extra (Issue 13) will now pay 1.35% yearly. This includes a 12-month bonus of 0.85%.

The finer details…

This online-operated account requires a minimum investment of £1,000. Unlimited withdrawals are allowed and money can be accessed instantly. A current account must be linked to this ISA in order to receive and send payments.

Why we like it…

This ISA boasts a competitive rate, which secures it a place in the top 10 of easy-access ISAs. However, a review of this account is a must after 12 months due to the loss of the bonus interest rate.

Four Moneyfacts Stars have been awarded.

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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

 
Close