Online Bank Accounts – UK

On its citibank.co.uk website, Citibank is currently offering the Flexible Saver Account Issue 4.

The Flexible Saver Account Issue 4 grants a 2.40% AER, 2.37% gross/pa variable for 12 months for new customers only.

This rate includes a 12 month introductory variable bonus rate which is currently 1.37% gross/pa. Then the standard variable rate will apply, which at the moment is 1.00% AER, 1.00% gross/pa (variable).

Existing customers will receive this standard variable rate.

The variable bonus rate is only available to customers who are new to Citibank International plc and it applies for 12 months from the date the account is opened.

No notice period or penalties for withdrawals.

The account can be accessed online, by phone or by post.

Minimum deposit £1, maximum deposit £1million.

The Flexisaver online savings account by Citibank is currently paying 2.37pc, which includes a 1.37pc bonus for 12 months.

The account is open to new customers to Citibank and savers can invest up to £1m into the account, which can be operated online, in branch or by telephone.

The account comes with a cash card, so savers can get instant access to their money.