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Drive up your savings with AA

Drive up your savings with AA

Category: Savings

Updated: 27/10/2011
First Published: 27/10/2011

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

AA has revved up the savings market with the launch of two new cracking accounts.

The 1 Year Fixed Rate Savings offers interest of 3.50% for 1 year, with no early access permitted, while the three year version pays a rate of 4.15%, with earlier access allowed on 270 days' loss of interest.

For both bonds: accounts operated by post, additions permitted whilst the issue remains open, and a minimum investment of £1 is required.

This review by AA sees it re-entering the one and three year fixed rate markets with postal bonds from just £1.

Paying 3.50% and 4.15% respectively, both bonds sit just below the current market leaders for their terms.

Four out of five Moneyfacts stars have been awarded.

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