Abbey Fixed Rate Monthly Saver account gets high rate

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Abbey Fixed Rate Monthly Saver account gets high rate

Mon 3rd Oct 2005

Abbey has announced it is offering a rate of six per cent guaranteed for 12 months on two of its accounts.

The Abbey Fixed Rate Monthly Saver account, which is exclusively for Abbey current account customers, offers the high rate to those depositing between £20 and £250 per month.

Meanwhile, the high rate is also available to those who switch to an Abbey current account using Abbey's account transfer service, and who pay in at least £1,000 per month.

Reza Attar-Zadeh, head of banking marketing at Abbey, said: "Our current account is fee-free and pays the highest rate of interest in the market."

The offer is available for a limited time only, the length of which depends on the demand.

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