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Easy-access best buy issued by BM Savings

Easy-access best buy issued by BM Savings

Category: Savings

Updated: 01/02/2013
First Published: 01/02/2013

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 It is now over 6 months old so the content may be out of date.

BM Savings has launched an attractive savings account offering a range of rates to savers with differing deposits.

The basics…

The BM Online Reward (Issue 1) pays 1.50% to savers with deposits between £1,000 and £9,999, 1.70% between £10,000 and £19,999, 1.80% between £20,000 and £49,999 and 1.90% for savers with deposits between £50,000 and £1 million. Introductory bonuses of 1.00%, 1.20%, 1.30% and 1.40% all for twelve months are included respectively.

The finer details….

No advance notice is needed to access funds, although a maximum of four withdrawals are permitted within the first twelve months. A rate of 0.50% will be paid upon the fifth withdrawal.

The account is available to savers aged 18 and over and can be operated online only.

Why we like it….

A variety of rates are offered with this appealing no-notice account, which should prove popular with savers looking for short-term access to their money. Four out of five Moneyfacts stars have been awarded.

What next?

Compare the best savings rates
Search all easy access savings 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 Any products featured may be withdrawn by their provider or changed at any time.