Rate boost makes notice deals market-leaders | Product News - Moneyfacts

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Rate boost makes notice deals market-leaders

Rate boost makes notice deals market-leaders

Category: Savings
Date: 04/12/2015

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 It is now over 6 months old so the content may be out of date.

Charter Savings Bank has increased the rates paid on its 95 and 120-day notice accounts by up to 0.20%, confirming both in their positions towards the very top of the Moneyfacts charts.

The basics…

95 Day Notice Issue 6 now pays a rate of 1.90% yearly (1.88% monthly) while its 120-day counterpart (Issue 6) pays 1.95% yearly (1.93% monthly), both of which are market-leading rate for their respective terms.

The finer details…

Both accounts must be opened and operated online with an initial investment of at least £1,000. Savers should note that access is via a nominated account.

An unlimited number of additions and withdrawals can be made without penalty. However, early access is not possible, so savers must ensure that they always abide by the respective notice periods of 95 days and 120 days.

Why we like them…

Both of these deals pay eye-catching rates and are therefore bound to prove popular among savers. The fact that they also offer monthly interest options will appeal to those seeking a regular income, while the unlimited number of additions and withdrawals gives savers some cherished control over their invested 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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