Savers to benefit from Anglo Irish rate increase

The higher rates, which come into effect immediately, mean that Anglo’s flagship Privilege seven-day notice account now pays 5.60% gross for deposits in GBP Sterling, and its Privilege 12-month fixed interest account now offers 6.05% gross for Sterling deposits. Gary Quaggan, head of personal banking at Anglo Irish Bank, said: “This is good news for every type of saver. At 5.60%, our seven-day account combines the flexibility of easy access, with the sort of interest rate normally associated with longer term deposit accounts. “In addition, our 12-month fixed interest account now pays a v...