Charter Savings Bank has introduced a new 120-day notice account to the market, securing it a market-leading position in the charts.
120 Day Notice Issue 3 pays a highly competitive variable rate of 1.90% yearly (1.88% monthly), earning it the top spot in its sector.
This account must be opened and operated online with a minimum investment of £1,000. Savers should note that access is via a nominated account.
Further additions are permitted at any time and an unlimited number of withdrawals can be made. However, early access is not permitted, so 120 days' notice must always be observed.
This new entry to the market has taken the charts by storm, securing a market-leading position in its sector. This is sure to intrigue savers on the hunt for a competitive deal, especially as the account also has a monthly interest option and allows further additions and an unlimited number of withdrawals. However, the lack of early access does mean that savers must be prepared to plan their withdrawals to abide by the notice period.
Moneyfacts rating: Excellent
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