Abbey Super 50+ account AER improved

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Abbey Super 50+ account AER improved

Abbey is aiming to repay the loyalty of existing customers by improving the AER on one of its specialist savings accounts.

From today, existing customers of the bank's Super 50+ account will be able to take advantage of an AER of 8.1 per cent.

To benefit from the offer, customers need to invest £50,000 or more into a qualifying investment.

Abbey's head of savings Reza Attar-Zadeh claimed that the incentive will "galvanise" customers to save more effectively.

"Abbey is committed to rewarding both loyalty and encouraging customers to not only save more, but to achieve a better balance in the assets they save so that they can get their savings working harder for them," said the spokesperson.

Last month, Abbey revealed that 58 per cent of customers of its Super Isa and Super Bond products are female.

The GFK NOP Financial Research Survey recently found women own more than half (52 per cent) of savings accounts in the UK.

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