Abbey and Halifax to launch fantastic savings interest rate
Both Abbey and Halifax are gearing up to offer savers a fantastic 7% interest rate on their new monthly savings accounts.
Though both offers may look very similar at first, they do have some distinct differences. One such difference is that Abbey's account will offer the new rate to both new and existing customers, whereas Halifax will only offer the rate to any new Halifax customers. The details of the Abbey account, titled Fixed Rate Monthly Saver are: - Minimum saving £20 per month
- Maximum saving £500 per month
- Must be paid in as regular standing order
- Money must be left in the account for 1 year to benefit fully
- If a payment is missed the interest rate will be lowered automatically
The details of the Halifax account, titled Regular Saver are: - Minimum saving £25 per month
- Maximum saving £250 per month
- Must be paid in as regular standing order
- Money must be left in the account for 1 year to benefit fully
- If a payment is missed the interest rate will be lowered automatically
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Date published: 10/18/2004 11:13:38 AM
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