Melton Mowbray has launched a new variable rate easy access account onto the market, grabbing it a position on the Moneyfacts charts thanks to its competitive rate and terms.
Online Easy Save pays a variable rate of 1.25% monthly, earning it a place among the top 10 accounts of its sector.
This account must be opened and operated online with an initial deposit of at least £1,000. Access is via a nominated account.
Further additions and unlimited, penalty-free withdrawals can be made (max £10,000 per day), giving savers the height of flexibility.
This straightforward deal is likely to prove popular among savers on the hunt for a flexible easy access account that lacks the complication of a short-term bonus. An additional plus point is the fact that it pays interest monthly, which will appeal to those on the lookout for a regular income. As a result, this deal rightly takes its place among the top accounts for its sector.
Moneyfacts rating: Excellent
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