Abbey has announced it is to increase the interest rate on one of its online savings accounts .
From February 4th 2008 the interest rate on its eSaver Direct savings account will be 6.5 per cent gross.
This includes a 0.5 per cent bonus for 12 months from the date the savings account is opened, after this the interest rate reverts to six per cent.
Reza Attar-Zadeh, director of savings and investments at Abbey, said: "This is an excellent rate for customers who like to manage their savings online . Furthermore, customers now have access to internet rates on the high street by applying at their local Abbey branch."
He added that more and more people were now managing their savings accounts online.
Last week Moneyfacts.co.uk warned that anyone who wanted a fixed-rate savings account would have to act quickly as the best deals did not often last long.
Abbey ups rate on savings account
Abbey ups rate on savings account
Fri, 01 Feb 2008
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