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Abbey International responds to interest rates

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by Kay Mitchell

Abbey International has, again, passed on the full 0.25% base rate rise to its Gold account and Instant Access Savings account customers. In addition, Abbey raised savings rates by 0.25% on all of its Base Rate Tracker family of accounts just 2 days after the UK Base Rate rise in July.

A spokesperson for Abbey International commented that interest rates are at their highest for 6 years and the bank’s range of savings products reflects this. Consequently, the greater the balance the higher your gross interest rate will be.

Abbey’s Instant Access Savings account now pays up to 5.65% gross p.a. with a minimum opening balance of £3,000 and offers instant access to your money.

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News posted: August 10, 2007

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