Jersey-based Abbey International has launched a second edition of its 12 month fixed rate account, paying a guaranteed 3.5% gross/AER over 12 months.
Available to new and existing customers with a minimum balance of £50,000, the offer will be withdrawn once fully subscribed. At the end of the fixed rate term, clients can close their account or let the capital and interest roll over into a new fixed rate account of their choice. Jane Matthews, head of client experience at Abbey, says the product has been launched in response to the UK base rate remaining unchanged at the record low of 0.5%. More information is available at: www.abbeyinternational.com Or by calling: + 44 (0)1534 828 828.
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