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Investec High 5 Account

June 19th, 2009

The Investec High 5 Account is a savings account with an interesting formula for determining the interest rate of the deposit.

Actually, every week the interest rate is re-calculated as the average rate of the five highest-paying savings accounts published on the Moneyfacts website.

The returns can be credited on the account either monthly or annually.

The minimum balance required to open and operate the account is £25,000.

This week the calculated interest rate is 3.06% Gross AER.

Investec High 5 Account (investechigh5.co.uk) is offered by Investec Private Bank, a division of Investec Bank plc.

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