Shawbrook Bank has boosted the rate paid on its easy access account by 0.15%, pushing it into the Moneyfacts charts and earning it an 'excellent' rating.
Easy Access - Issue 3 now pays an attractive variable rate of 1.25% yearly (1.24% monthly), which allows it to move up to sit comfortably among the top 10 accounts of its sector.
This account must be opened and operated online with a minimum investment of £1,000. Absolutely no notice is needed to access funds, and an unlimited number of additions and withdrawals can be made (minimum of £500). Savers should note that access is via a nominated account.
By boosting the rate paid on this straightforward account, Shawbrook Bank has managed to steal a coveted place on the charts, which will bring it attention from savers who are eager to secure a decent return while still having flexible and unrestricted access to their money.
Moneyfacts rating: Excellent
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