| Barclays e-savings Reward (e-savings) |
| The Barclays e-Savings Reward account gives you a higher interest rate for months when you don’t make a withdrawal. You can open your account from as little as £1 and save up to £2 million. There is the option to obtain an optional ATM card to withdraw up to £300 per day from a Barclays cash machine. |
| Location: |
| Account Name: Barclays e-savings Reward |
Advantages:
1. Easy to open
2. Manage your account online
3. Great for long term saving. Earn a higher rate of interest for months when no withdrawals are made
4. Ideal if you have extra money to put away each month
5. You still earn interest if you need to make a withdrawal but at a lower rate for that month
6. Open from £1
7. Optional ATM card to withdraw up to £300 per day from Barclays cash machines |
Disadvantages:
1. Lower rate of 0.85% AER / 0.85% gross pa paid for months in which a withdrawal is made.
2. Both of the above rates include an introductory bonus of 0.75% gross. The bonus is payable for 12 months, after which time the rates will reduce accordingly. |
Services:
Barclays cash machine with an optional savings cash card |
|
| Interest AER: 0.85% - 1.26% | Interest Gross: 0.85% - 1.26% |
| Interest Paid: Monthly | Minimum Income: £0.00 |
| Overdraft Rate: N/A |
| Banking Charges: N/A |
| Service Charges: £0.00 |
| Account Access: Online, ATM |
| Withdrawal Access: Online, ATM |
|
| Free Banking: Yes | Debit Card: No |
| Cheque Guarantee Card: No | Standing Orders: No |
| Direct Debits: No | Overdraft Facility: No |
| Account Manager: No |
|
Conditions:
Minimum of 18 years old. |
Features:
Ideal if you have extra money to put away each month |
Introductions and Offers:
Both of the above rates include an introductory bonus of 0.75% gross |
Terms and Conditions:
You must be at least 18 years old to open an account |
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