NatWest internet-only Isa launched
www.moneynews.co.uk > Banking > NatWest internet-only Isa launched
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Money News |
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NatWest internet-only Isa launched
Thu 4th Oct 2007
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The e-Isa has a six per cent AER and is guaranteed to match or better the Bank of England base rate for at least the next nine months.
Additionally, the account can be opened with a minimum of £1 and pays interest on a monthly basis. Customers will have to open a NatWest instant access account in order to deposit or withdraw money from their e-Isas.
Elaine Hartley, head of retail savings and investments, commented: "This e-Isa compliments our existing range of branch and internet based savings accounts, offering a highly competitive interest rate with the reassurance of a market leading Bank of England base rate guarantee."
Last month, NatWest launched a current account aimed at people between the ages of 11 to 18 with a 3.15 per cent AER.
Related News : Banking |
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Related News : NatWest |
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