Bank of Cyprus improves no. 1 easy access saver | Product News | moneyfacts.co.uk

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Bank of Cyprus improves no. 1 easy access saver

Bank of Cyprus improves no. 1 easy access saver

Category: Savings
Author: Lieke Braadbaart
Date: 27/04/2018

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 It is now over 6 months old so the content may be out of date.

Bank of Cyprus has increased the rate on its market-leading easy access account among those with a fixed bonus by 0.05%, which strengthens its number one position in the Best Buy chart for its sector, while also earning it a high Moneyfacts rating.

The basics…

The Online Easy Access Account now boasts a top variable rate of 1.25%, including a 0.40% bonus for the first 12 months. Interest is paid on its anniversary and must be compounded.

The finer details…

This online-only account requires a minimum investment of just £1. Unlimited additions and withdrawals are allowed via a nominated account. While the inclusion of a bonus means that the rate won't be able to fall below 0.40%, it also suggests that a review of the account would be wise after 12 months when that safety net falls away.

Why we like it…

This market-leading deal easily earns its top spot in the Best Buys and high rating.

Moneyfacts rating: Excellent

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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

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