Going against the current trend for fund managers to reduce their cash holdings ahead of a possible g...
That means savers would currently get a rate of 5.5% on any amount between £500 up to a maximum of £25,000.
However, the extra 0.5% will only apply until the end of the 2001/2 tax year, after which only the base rate will apply.
Charcol says the product should appeal to investors looking to wait until the markets have calmed down before moving back into other types of investment products such as funds.
Putting the tech into protection
Square Mile’s series of informal interviews
Fallout from Haywood suspension
Launching later in 2019
£80bn funds under calculation