Online banking customers who wish to start saving money may be interested to hear that a new savings vehicle has been launched by a financial services provider.
AA Savings has introduced savings accounts that offer gross savings rates of 5.61 per cent, including a 0.84 per cent 12-month introductory bonus.
Moreover, virtual banking customers may like to know that they can open an account with any sum between £1 and £5 million depending upon their financing situation at the time.
And the security facilities included on the online banking service have also been heralded by Lloyd East, director of AA Personal Finance.
"The internet is an increasingly trusted avenue for making major financial transactions and this account features market-leading security as well as being exceptionally easy to open," he said.
In recent years, online banking services have become increasingly popular owing in part to rising internet uptake among UK homes.
Moreover, specialist virtual banking brands have become established in the country following high-profile advertising campaigns.
Egg and smile are two of the largest online banking providers on the market.
Online banking account launched for savings customers
Online banking account launched for savings customers
Tue, 01 May 2007
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