Supermarket ASDA, famous for its every day low prices, will today (12 November 2007) launch an on-line savings account that offers the reverse – an every day high interest rate without unnecessary complicated tie-ins and penalties.
The account which delivers one of the best rates on the market, is a first for ASDA, provides easy access for savers with an interest rate of 0.60% p.a above the Bank of England base rate and is guaranteed for the next 12 months.
This currently means 6.35% p.a gross/AER variable including a 0.6 0% p.a bonus for 12 months from the date of account opening with the added security that if you need to take money out at anytime there are no penalties.












