Kaupthing Singer & Friedlander in the Isle of Man has launched an online suite of multicurrency savings products under the Kaupthing Edge banner.
The dollar, sterling and euro accounts are available as straightforward instant access savings accounts or as term deposits with periods of six months, one, two or three years. The sterling savings account pays 6.65% gross, credited monthly (6.84% AER), with rates on the term deposits rising to 7.1% for the three-year version. The euro instant access account pays 5% (5.12% AER), with rates of 5.25%, 4.6% and 4.65% on one, two and three-year deposits reflecting expectations for the ECB interest rate. The dollar savings rate is 4.55% (4.65% AER), with fixed rates falling from 3.6% over one ...
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