|    FM Home   |    FM News   |    FM Forum   |    FM Blog   |    18th of February 2018
|   Banking  |   Insurance  |   Property  |   Mortgages  |   Economy  |   Investments  |   Credit Cards  |   Debt  |   Loans  |   Pensions  |   Companies  |  

Banking News feed Banking News

All Financial News feed All Financial News

Sainsbury’s bumps Easy Saver rate to 2.7%

Bookmark and Share

by David Masters
Sainsbury's bumps Easy Saver rate to 2.7%

Sainsbury’s Finance has boosted the interest rate on its Easy Saver account for new customers.

Interest on accounts opened after 25th June 2010 will be paid at 2.7% Gross AER, an increase of 0.2 percentage points on the previous rate.

The 2.7% rate will be paid to new customers for 12 months provided they maintain a balance between £1 and £100,000.

Customers can make a maximum of five withdrawels during the 12 month period.

After 12 months, the interest rate on the account drops to the Bank of England’s base rate, currently 0.5%.

Sainsbury’s Finance said the account is “highly competitive”.

Discuss this in the Finance Markets forums

Story link: Sainsbury’s bumps Easy Saver rate to 2.7%

News posted: June 30, 2010

Financial Services:

Related financial stories to: Sainsbury’s bumps Easy Saver rate to 2.7%:
Previous: «
Next: »

Visited 4406 times, 1 so far today

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Tags: , ,