Britannia boosts easy access savings rate | Product News - Moneyfacts

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Britannia boosts easy access savings rate

Britannia boosts easy access savings rate

Category: Savings
Date: 29/07/2013

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 It is now over 6 months old so the content may be out of date.

The Select Access Saver 3 account from Britannia has been pushed higher up the best buy tables thanks to a rate increase of 0.25%.

The basics…

This account pays 1.75% annually to savers who make up to four withdrawals a year, whilst a lower rate of 0.10% will be paid to those who access their money more than five times a year.

The finer details….

Investments range between £500 and £1 million and no advance access is required to access funds.

Savers who receive the lower rate for accessing their money more than five times a year will return to the higher rate on the 1 January the following year.

The account can be operated by investors aged 16 and over in branch, by post or telephone.

Why we like it….

Although advance notice to funds is not required, this account should appeal mostly to savers who do not require regular access to their funds, due to the risk of reverting to a lower rate. Four out of five Moneyfacts Stars have been awarded.


What next?

Compare the best savings rates
Compare instant access savings accounts (with bonus)
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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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

 
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