Abbey launches new issue of Fixed Rate Monthly Saver

Abbey this week launches new issues of its popular Super Fixed Rate Monthly Saver and Fixed Rate Monthly Saver, offering some of the best rates on the high street, despite the falling interest rate environment.

Abbey's Super Fixed Rate Monthly Saver offers savings 7% AER fixed for 12 months provided no withdrawals are made and savers deposit between £20 and £250 per month by standing order. To qualify for the 7% rate savers must take out a regular investment, pension or personal protection plan with Abbey.

Fixed Rate Monthly Saver pays a highly competitive 5.00% fixed for 12 months provided no withdrawals are made and savers deposit between £20 and £250 per month by standing order.

Reza Attar-Zadeh, Director of Savings and Investments at Abbey "Start the New Year off as you mean to go on by getting into the savings habit. In a falling interest rate environment savers are urged to lock in while they can. The Abbey Fixed Rate Monthly Saver offers disciplined savings along with a fixed competitive rate"

For more information about Abbey's savings accounts, visit abbey.com