Top savings from Shawbrook Bank | Product News - Moneyfacts

Product News

Top savings from Shawbrook Bank

Top savings from Shawbrook Bank

Category: Savings
Date: 17/09/2013

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 It is now over 6 months old so the content may be out of date.

Shawbrook Bank has reviewed it savings range, resulting in a number of products retaining their top ten positions in the Moneyfacts Best Buys.

The basics…

The bank's 95 Day Notice Account (Issue 10) now pays 1.60% yearly, while the 120 Day Notice option (Issue 11) pays 1.70% yearly.

For both accounts, savers must invest a minimum of £1,000.

The bank also amended the rate on its five-year fixed rate bond (Issue 9) to 2.85% yearly. For this account, savers will need to invest a minimum of £5,000.

The finer details…

All products allow further additions and can be operated online or by post.

For the notice accounts, savers must give either 95 or 120 days' notice before withdrawing any funds.

Why we like it…

All three products remain in the top ten of the Moneyfacts Best Buys despite the slight rate reductions.

Four Moneyfacts Stars have been awarded.

What Next?

Compare the best available savings accounts

Compare the best notice accounts

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
Close