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.
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.
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.
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
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