UK Money News
9th April 2008
Abbey revamps esaver account
With competition hotting up between lenders for consumers cash, Abbey has improved the terms of its online bank account.
The esaver account will now offer a rate of 6.50 per cent for a limited period, which the lender claims is the "highest in the market" for easy access accounts.
After a bonus of 0.75 per cent, lasting for 12 months of the account being opened, the rate reverts to 5.75 per cent.
Consumers can apply for the account, which can be accessed via the internet or at ATMs, online, by telephone or in the firm's branches nationwide.
Reza Attar-Zadeh, director of savings and investments at Abbey, said: "This is an excellent rate for customers who wish to manage their savings online.
"Our research shows that increasingly customers are managing their savings accounts online, and so we want to make sure that we offer our customers great rates whichever channel they chose to open their account."
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