Egg savings account: New rate announced
www.moneynews.co.uk > Banking > Egg savings account: New rate announced
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Money News |
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Egg savings account: New rate announced
Tue 13th May 2008
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The rate is available for both new and existing customers and requires a minimum deposit of £1. After the 12-month introductory period, the savings rate will revert to the standard variable rate, which currently stands at 4.75 per cent gross per annum/AER.
Savers can access their funds when they need them, with no penalty or notice period for withdrawals.
Tobias van der Meer, head of savings and investment at Egg, said: "Our new fixed introductory rate is one of the highest of any easy access accounts available in the UK today and it gives customers a guaranteed rate for the next 12 months."
Last week Halifax announced that it has increased its Web Saver Extra rate for all new and existing customers with balances of between £1 and £100,000 to 6.35 per cent gross per annum.
Related News : Banking |
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Related News : Egg |
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