Citibank: New flexible saver account at 3.1%

Thursday, 16 July 2009 03:59

Citibank is launching a new flexible saver account with an interest rate of 3.1 per cent AER.

The account is available to savers who invest between £1 and £1,000,000. New customers will also receive a fixed bonus rate at 2.6 per cent gross per annum for the first 12 months.

"The new Citibank Flexible Saver Account will certainly provide a competitive rate for new customers, giving them the potential for real growth in their savings," said head of savings at Citi, Sharon Macguire.

Customers may withdraw any amount from their account without facing penalty and will only have access to the account online, by phone or post.

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