Sainsbury's Internet Saver - guaranteed BofE + 2%

sloughflint

SnowMan wrote: »

But I like to have a bit of money which I can immediately access should I need to and the Sainsbury internet saver allows immediate access (i.e. by closing the account) as do my instant access accounts with Nat West and Tesco.

Since Sainsburys requires a minimum 5k,have you considered the LTSB current account offering 4% for balances between 5 and 7k for the instant access bit and combine with a bond?

SnowMan

The rate for accounts opened between 27/2/09 and 7/4/09 has dropped from 3% to 2.5% on 1/6/09 see

http://www.sainsburysbank.co.uk/savings/sav_previousrates_is_dive.shtml

This is the minimum it can fall to currently while base rate is 0.5% (because of the base rate + 2% guarantee for a year)

Stavros_3

I think I'll stick with my B & B internet account issue 7. Thats still 2.5% aer with unlimited withdrawls

withnell

Also A&L offer an online saver (v4) with the same, 2.5%, instant access