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Citibank - 5.45% Flexble Saver

Spotted this one this morning...

Citibank has withdrawn FLEXIBLE SAVER w.e.f. close of business 13.11.06 and launched Issue 2 w.e.f. 14.11.06.

FLEXIBLE SAVER Issue 2: an instant access account with a minimum investment of £1 paying 5.45% monthly.
Rate includes 0.56% bonus for 6 months.
All internet transactions via a nominated account. Cash card available.
Available to those aged 18 and over only.
Available to new customers only.

http://www.citibank.co.uk/personal/banking/saveinvest/?source=3469

Comments

  • rebeccaj
    rebeccaj Posts: 1,390 Forumite
    Part of the Furniture Combo Breaker I've been Money Tipped!
    I notice they haven't increased the interest rate for those with existing flexible saver accounts :mad:

    What a farce!
  • Are financial institutions still 'allowed' to disadvantage/discriminate against existing customers? Is there nothing in the Banking Code about this? :confused:
  • tomstickland
    tomstickland Posts: 19,538 Forumite
    10,000 Posts Combo Breaker
    Hisave is now 5.45% and I'm going to continue to use them.
    Happy chappy
  • Looked at the website and the first thing I noticed was 5.45% Gross and 5.29% AER so there are still higher paying account out there (ICICI and Icesave are the ones I know of the top of my head).
This discussion has been closed.
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