Abbey International launches new Base Rate Tracker account

clock

Jersey-based Abbey International has launched Issue 8 of its Base Rate Tracker Term account.

The one-year deposit account offers savers rates of up to 5.30% gross and tracks the Bank of England base rate, with an additional 0.30% bonus until 31 August 2008. A 0.10% bonus over the base rate is applied until 31 December 2008, when the account reverts to paying the UK base rate. The one-year sterling account also offers a capital guarantee, meaning that customers will always receive back their initial deposit. Jane Matthews, head of marketing and business development at Abbey International, commented: “All our previous launches of the Base Rate Tracker Term account have been very su...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Scotland Investment Roadshow 2024: Last chance to join PA in Edinburgh and Glasgow

Scotland Investment Roadshow 2024: Last chance to join PA in Edinburgh and Glasgow

The Scotland Investment Roadshow kicks off next week

Professional Adviser
clock 18 September 2024 • 2 min read

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •