Shawbrook Bank improves savings accounts - Savings - News |

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Shawbrook Bank improves savings accounts

Shawbrook Bank improves savings accounts

Category: Savings

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 It is now over 6 months old so the content may be out of date.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 increased the rate paid on its one year bond and 120 day notice account.

The rate paid on the one year bond has increased by 0.50% to 3.60%, while the 120 day notice account rate has been increased by 0.40% to 3.45%, with maximum investments also increasing to £500K.

This review by Shawbrook Bank sees both the one year fixed rate bond and the 120 day notice account increasing significantly to become market leaders in their fields.

The fact that the maximum investments have also increased from £50K to £500K will add to their appeal allowing investors to maximise their returns on funds covered by the depositor protection scheme.

Four out of five Moneyfacts stars have been awarded.

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