Despite a slight reduction in rates, Shawbrook Bank's 95 and 120-day notice savings accounts have maintained their competitive power and held onto their spots in the Moneyfacts charts.
95 Day Notice Personal Savings Issue 15 now has a competitive rate of 1.45% per annum, while its 120-day equivalent (issue 20) has a rival-beating yearly rate of 1.60%.
Both of these accounts can be opened by post or online with an initial investment of £1,000. They can then be managed by the same methods as well as by phone.
Withdrawals are permitted subject to the notice period being given. Further additions can be made to the accounts while the respective issues are still open, but early access is not permitted with the required notice always having to be served.
These accounts offer enticing rates, which are sure to reel in investors looking for a good return on their money. Although early access is not permitted, the option to make further additions to the accounts adds a welcome flexibility that is sure to appeal to savers.
Four Moneyfacts Stars have been awarded.
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 Any products featured may be withdrawn by their provider or changed at any time.
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