Easy access deal enters the top 10 | Product News - Moneyfacts

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Easy access deal enters the top 10

Easy access deal enters the top 10

Category: Savings
Date: 01/12/2015

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 It is now over 6 months old so the content may be out of date.

Virgin Money has launched a new easy access account onto the market, securing it a prized place on the Moneyfacts charts thanks to its competitive rate and terms. This account is designed to complement the bank's new Help to Buy ISA, which pays a rate of 3.00% to eligible savers.

The basics…

Saving to Buy pays a competitive variable rate of 1.30% yearly (1.29% monthly), which enables it to sit comfortably among the top 10 accounts of its sector.

The finer details…

This account must be opened and operated online with a minimum investment of just £1. Savers should note that a maximum of £30,000 can be invested and access is via a nominated account.

Savers are welcome to make additions and withdrawals at any time, without penalty or notice, giving them the height of flexibility and control.

Why we like it…

This straightforward easy access deal is likely to catch the eye of savers who are looking for a highly flexible home for their savings. It is likely to be especially appealing to those who want to save extra alongside a Help to Buy ISA, but anyone can benefit from its competitive rate, monthly interest option and flexible management.

Moneyfacts rating: Excellent

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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