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Barclays has launched two new savings products for UK customers.

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At this time of the year, there are many customers with maturing fixed rate bonds reviewing their finances and looking for a good home for their savings.
Lee Chiswell, Head of Savings, UK Retail and Business Banking, Barclays

The Premier Flexible Savings Plan is an innovative and first-to-market five-year plan. Exclusive to Premier Banking customers, it offers a fixed rate of 3.00% to 3.50% AER for two years, followed by a rate guaranteed to track 1% above base rate for three years. This is combined with the flexibility of instant access to savings – up to 30% of the initial deposit in the first two years and 100% thereafter.

The latest 18-month Flexible Bond (Issue 11) offers a fixed rate of 2.70% to 3.20% AER and flexible access of up to three withdrawals, each one up to 10% of their initial deposit. Ads promoting this account will appear in the UK press this week.

Lee Chiswell, Head of Savings, UK Retail and Business Banking, Barclays, said: “At this time of the year, there are many customers with maturing fixed rate bonds reviewing their finances and looking for a good home for their savings.

“It is very exciting that Barclays continues to bring to market innovative and compelling savings accounts designed around our customers’ needs.”

 

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