Notice accounts stays in the top 10 | Product News - Moneyfacts

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Notice accounts stays in the top 10

Notice accounts stays in the top 10

Category: Savings
Date: 15/02/2016

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 It is now over 6 months old so the content may be out of date.

Hampshire Trust Bank has reduced the rate paid on its 90-day notice account, but it has managed to retain a tight hold on the Moneyfacts charts thanks to its continued competitiveness.

The basics…

90 Day Notice (Issue 7) now pays a still-attractive variable rate of 1.50% yearly, enabling it retain a place among the top 10 accounts of its sector.

The finer details…

This account requires an initial deposit of £1,000 and must be opened and operated by post. Savers should note that access is via nominated account.

Savers who want a high level of control over their account will be delighted by the fact that it permits an unlimited number of additions and withdrawals, although early access is not allowed and 90 days' notice must always be given.

Why we like it…

Postal-investors who are looking for a reasonably flexible account are likely to pay attention to this deal, which still boasts a competitive rate and unlimited access. Provided they are happy to plan their withdrawals in advance, this account could be a good home for many people's savings.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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