The 7.01% Savings Account

What's the deal?

Icesave are offering a market topping 7.01%AER on their one year fixed rate savings account. So if you're looking for a low risk home for your money for the next 12 months this could just be the account for you.

How do I benefit?

Simply visit http://www.icesave.co.uk/fixed-rate-savings.html and open an account, this takes less than 10 minutes. You will need to have either your passport or driving licence to hand along with details of your bank account and your National Insurance number if you are planning to register for gross interest.

Expiry

The 7.01% AER rate applies for 12 months from account opening after which Icesave will transfer your funds into an 'Easy Access Savings Account'.

Conditions

The minimum opening balance for this account is £1,000 and you will need to have a direct debit enabled personal current account and be a UK resident over the age of 18 to be eligible.

Additionally, you can choose to have your interest paid monthly or on maturity.