AA Savings launches new internet savings account
Published: 8 October 2009 By MoneyHighStreet Staff Leave a Comment
A new internet savings account has today been launched by AA savings, the AA Internet Extra (Issue 1).
There are 2 levels of interest for this new savings account -
- for investments from £1 – 3.15% gross pa/AER, including a 12 month bonus of 2.65%
- for investments from £50,000 to £1m – 3.30% gross pa/AER, including a 12 month bonus of 2.80%
The AA Internet Extra account allows customers to make regular payments or just pay in when they like.
The money in the account is also available as and when needed – unlike a fixed rate savings account for say 2 years with which you can’t touch your money once it is in.
Mark Huggins, director of AA Savings, commented ‘With last month’s news that households are saving more of their income we’re looking to encourage people to save in a straightforward account with a good interest rate over the coming year.’
The account is available on the AA wesbite.
