Internet Saver Account from Scottish Widows Bank

Scottish Widows Bank has launched a new Internet Saver Account for personal funds. This new online account has a competitive variable interest rate of 3.01% Gross/AER, which includes a 1.00% bonus for the first 12 months.

This new account is ideal for people who want to earn one of the most competitive rates on the market and enjoy being in control of their savings with online banking. Customers can invest a minimum of £1.00 and a maximum of £5 million. Interest is paid to customers on a monthly, quarterly or annual basis.

Mandy Webster, Marketing Manager, Scottish Widows Bank comments: "We are delighted to be launching a strong online savings account to the consumer market. This complements our wide range of no notice and fixed term savings accounts on offer. Customers benefit from a good interest rate on their savings as well as quick and easy online access. Managing money is simple and straightforward as our Internet Saver Account also works alongside the customer's existing current account."

For further information on Scottish Widows Bank's Internet Saver Account or further information on Scottish Widows Bank in general, visit scottishwidowsbank.co.uk