Account by Royal Bank of Scotland

The Royal Bank of Scotland has launched a tiered interest rate savings account with rates up up to 5.2% and, as well as a 1% bonus each year, there are no withdrawals Bonus 90 savers are also guaranteed long-term rates through the group's Ratewatch programme. The Ratewatch guarantee also applies to the bank's instant access, 30-Day and 60-Day Notice accounts On the 12th day of each month, until January 2001, the bank will calculate average rates paid on comparable accounts with Halifax, Abbey National, Nationwide and Woolwich Duncan McKay, head of savings at The Royal Bank of Scotland, s...