Easy access deal is a market-leader | Product News - Moneyfacts

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Easy access deal is a market-leader

Easy access deal is a market-leader

Category: Savings
Date: 29/05/2015

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 It is now over 6 months old so the content may be out of date.

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.

The basics…

BM Online Extra (Issue 17) now pays a market-leading rate of 1.50% yearly, including a 12-month bonus of 1.00%.

The finer details…

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.

Why we like it…

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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

 
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