Barclays Launching 7.75% One Year Fixed Rate Monthly Saver On 2nd June
bristolleedsfan
Posts: 12,045
Forumite
"Customers can pay in between £20 and £250 per month, up to a maximum of £3000 over the 12 month term. After a year the balance will automatically switch to a savings account with instant access paying a competitive rate of interest.
Monthly Savings customers are not required to open or maintain any additional products with Barclays, and they have flexibility to miss or change a payment. Customers have the flexibility to withdraw money, with interest rates reducing to 3.03% AER/2.99% gross p.a. in any month in which a withdrawal is made. "
http://www.moneyextra.com/news/news-barclays-unveils-039528.html
Monthly Savings customers are not required to open or maintain any additional products with Barclays, and they have flexibility to miss or change a payment. Customers have the flexibility to withdraw money, with interest rates reducing to 3.03% AER/2.99% gross p.a. in any month in which a withdrawal is made. "
http://www.moneyextra.com/news/news-barclays-unveils-039528.html
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Comments
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About time we had a new Regular Saver on board.0
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Thanks BLF. The E savings account looks good (BOE + 0.25% for 12 months) - as a home for HSBC/FD reg savings amounts - too........under construction.... COVID is a [discontinued] scam0
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Thanks - looks a worthy addition to the cash portfolio seeing as how it has flexibility built in as wellYou've never seen me, but I've been here all along - watching and learning...:cool:0
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Looks good, might be an option alongside my ISA for a year.0
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how to apply though - online or in branch only?0
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Relaunched Halifax reg saver should be along soon ...... 10%0
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Is that genuine insight .... or a murky crystal ball
After all their 7% rate has been unchanged for 4 years. But they must be seeing a big exodus as their Websaver, as a feeder account, is now a paltry rate.If you want to test the depth of the water .........don't use both feet !0 -
Relaunched Halifax reg saver should be along soon ...... 10%.....under construction.... COVID is a [discontinued] scam0
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