RCI Bank UK has unveiled a new easy access account that boasts a market-leading variable rate, taking the top place on the Moneyfacts charts as a result.
Freedom Savings Account pays a variable rate of 1.50% yearly (1.49% monthly), the top rate for its sector.
This account must be opened online and then managed by phone or over the internet. An initial investment of at least £100 is required.
Further additions and unlimited, penalty-free withdrawals are allowed at anytime, giving savers the height of flexibility. Savers should note, however, that a nominated account will be required for all transactions.
This account has stormed to the top of the charts with the market-leading rate for its sector, something that is sure to make savers sit up and take notice. The absence of any access restrictions and the option of monthly interest make this a highly flexible account that is bound to appeal to those who want easy access to their savings.
Moneyfacts rating: Excellent
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