Easy access deal stakes a claim to chart place | Product News - Moneyfacts

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Easy access deal stakes a claim to chart place

Easy access deal stakes a claim to chart place

Category: Savings
Date: 10/05/2016

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 It is now over 6 months old so the content may be out of date.

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.

The basics…

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.

The finer details…

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.

Why we like it…

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

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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