Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
Business
Karl Matchett

Is a limited withdrawals savings account right for me? New launch offers savers 4.28%

A new savings account launched by thisbank aims to help bridge the gap between traditional easy access savings and consumers needing to lock their cash away for longer periods.

Limited withdrawal accounts look to do this by allowing customers to access their cash a set number of times over a 12-month period, in exchange for a slightly higher interest rate than an easy access account might offer.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.