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United National Bank makes positive savings change

United National Bank makes positive savings change

Category: Savings

Updated: 23/03/2011
First Published: 22/03/2011

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 It is now over 6 months old so the content may be out of date.

United National Bank has dramatically increased the rates payable on its fixed deposit accounts.

the one year version now pays 3.25%, and the two year 3.75%, both high enough to see them rank highly amongst their peers over similar terms.

The option to take monthly payments has also been introduced to the two and three year accounts at 3.68% and 4.17% respectively, a decision certain to appeal to those looking to supplement their income.

As is the norm with most fixed term deposits, early access to funds is not allowed and additional investments are not permitted.

The bank has also launched a 90 day notice account paying a market-leading rate of 2.75%.

The 90 Day Notice Hi-Rate Special Account requires a minimum investment of £1, but does welcome additional investments.

Early access to money, however, is not allowed.

For a raft of positive changes, United National Bank has been rewarded four out of five Moneyfacts stars.

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