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Rate increase for easy access savings account

Rate increase for easy access savings account

Category: Savings
Date: 11/01/2017

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 It is now over 6 months old so the content may be out of date.

Nottingham BS has increased the rate on its variable rate no notice account by 0.02%, which sees the account take over the number two spot in the Best Buys for its sector, as well as earning a high rating.

The basics…

The eSaver Instant Issue 6 now boasts a variable rate of 1.02%, paid yearly, which sees it sit just behind the market-leader. However, among no notice accounts that pay interest on a yearly basis and don't have any opening restrictions, it is now the highest-paying deal.

The finer details…

This online-only account requires a minimum investment of £1,000. Further additions and withdrawals are allowed, though both will need to be arranged through a nominated account.

Why we like it…

The leading rate on this deal alone is enough to make it a highly competitive choice for anyone looking to kick-start their savings habit while retaining access to their cash. It has therefore easily earned its high place in the Best Buys as well as a high rating from us.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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