Abbey has launched two new savings accounts, the firm has announced.
Customers can now take advantage of two new fixed-term savings bonds that are available for a limited period only.
The new short-term internet bond has a rate of 6.7 per cent while the new short-term branch bond offers interest at a rate of 6.6 per cent.
Head of savings and investments at the firm Reza Attar-Zadeh comments that the time is ripe for savings.
"This is a great time for savings and we will continue to develop products which allow our customers to benefit from the current market conditions," he remarks.
He adds that Abbey Savings are also currently offering a bond and individual savings account with a rate of 8.1 per cent for one year.
Earlier this week, Leeds Building Society launched a new savings account offering consumer the chance to save £5,000 to £50,000.
The postal savings account offers customers a rate of 6.6 per cent and the flexibility to access their account at any time without being charged any penalty fees.
Abbey launches new savings accounts
Abbey launches new savings accounts
Wed, 19 Sep 2007
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