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Egg offers new fixed introductory savings rate
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Egg, the online bank, is offering a fixed 12-month introductory rate of 6.05% gross pa/AER on its Egg Savings Account (Internet).
The introductory rate is available for new money for both new and existing customers - new money being defined as any money not held in any Egg Savings Account (Internet) or Egg Savings Account (Investor) opened prior to the introductory offer period.
For a minimum deposit of £1 savers will benefit from easy access to their funds with no penalty or notice period needed for withdrawals. After the 12-month fixed introductory rate offer, the savings rate will move to the standard variable rate for the account at that time (currently 4.75% gross pa/AER).
The offer will be available for a limited period. Maximum balance is £2 million.
Find out more about the Egg savings account
15 May 2008 © Moneyextra.com
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Our senior editor Robin Amlôt recommends you should consider taking independent financial advice before acting on any article. Please contact us for help with your individual circumstances if any assistance is required.