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Fourmidable savings rate from Dunfermline

Fourmidable savings rate from Dunfermline

Category: Savings

Updated: 20/10/2009
First Published: 20/10/2009

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 It is now over 6 months old so the content may be out of date.

Dunfermline BS has launched a new instant access branch based regular savings account, which offers an improved rate of up to 4.00%.

It bays a basic rate of 2.00% yearly on a minimum monthly investment of £10 (maximum of £250). The underlying rate is guaranteed to be base rate plus 1.50% until 31.10.11.

A further bonus of 2.00% is paid until 31.10.10 provided at least 11 monthly payments and no more than one withdrawal are made in the first year.

The top rate is amongst the top deals in the variable savings market and encourages investors to save regularly, while offering withdrawals in uncertain times, albeit subject to penalty.

This account has been awarded four out of five Moneyfacts stars.

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