BM Savings has boosted the rate of its easy access account by a significant 0.50%, pushing it into a market-leading position for its sector.
BM Online Extra (Issue 17) now pays a market-leading rate of 1.50% yearly, including a 12-month bonus of 1.00%.
This internet-operated account requires an initial investment of £1,000. Further additions are permitted at any time and unlimited, penalty-free withdrawals can be made without notice.
This account offers a top-of-the-market rate, which is sure to garner plenty of interest among savers hungry for decent returns. The option to make unlimited additions and withdrawals also gives this account a high degree of flexibility, which is a definite bonus for savers who are uncomfortable locking their funds away. However, the 12-month bonus does mean that a review of the account's competitiveness in a year's time is a must.
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 Any products featured may be withdrawn by their provider or changed at any time.
Moneyfacts.co.uk will, like most other websites, place cookies onto your computer’s
hard drive. This includes tracking cookies.