RCI improves easy access savings rate | Product News | moneyfacts.co.uk

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RCI improves easy access savings rate

RCI improves easy access savings rate

Category: Savings
Author: Lieke Braadbaart
Date: 19/10/2018

RCI Bank UK has increased the rate on its easy access account by 0.07%, which improves its position in the Best Buy chart for its sector, also earning it a high Moneyfacts rating.

The basics…

The Freedom Savings Account now boasts a variable rate of 1.37%, paid on its anniversary, whereby interest must be compounded. An alternative version that pays a slightly reduced rate on a monthly basis is also available.

The finer details…

This online-only account requires a minimum investment of £100. Unlimited additions and withdrawals are allowed via a nominated account, making this a great option for an emergency fund.

Why we like it…

This deal's improved rate sees it move into a more competitive position in the Best Buy chart for easy access accounts without a bonus, easily earning it a high rating as well.

Moneyfacts rating: Excellent

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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