Abbey Savings has increased its eSaver direct account rate to 6.50% gross-including a bonus of 0.50% for 12 months from February 4, 2008. After 12 months the rate reverts to 6%.
Abbey Savings has reported that this rate is the highest available for instant access accounts offered by a high street bank, and is backed by a top 10 global bank by financial strength.
Reza Attar-Zadeh, director of savings and investments division at Abbey, said: This is an excellent rate for customers who like to manage their savings online, Furthermore, customers now have access to internet rates on the high street by applying at their local Abbey branch.
Our research shows that increasingly customers are managing their savings accounts online, and so we want to make sure that we offer our customers great rates whichever channel they chose to open their account.