B&B International cuts savings rates

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Bradford & Bingley International has reduced its sterling rates following the Bank of England Base Rate cut of 0.5%.

The eAccess2 account offers savers with balances over £1,000, 4% annual gross, 3.8% monthly gross, 3.87% gross p.a./AER or 4% gross on closure. When B&B International's rates were last reviewed on 15 November the same account paid 5% annual gross, 4.8% monthly gross, 4.91% gross p.a./AER or 5% gross deferred. Other sterling rates were reduced by approximately 1.5% from 15 November levels. Furthermore, following the decrease of 0.5% by the European Central Bank on 15 January and 0.75% by the US Federal Reserve on 16 December, B&B International's euro and dollar account interest rates h...

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