The Financial Blog

Cahoot is increasing interest rates on the Cahoot savings account by 0.10 per cent on the £500K + tier. Having said that the rates available on even the £1+ balance savings accounts are still among the best on the market today.

Head of Savings at Cahoot, Reza Attar-Zadeh, said “There has been a lot of competitor activity in the internet savings market recently and we wanted to make sure that cahoot continues to reward our customers with market leading rates.  By increasing the rates to 6.45 per cent for balances of £500,000 to £1m we are ensuring that the account remains the best in the market on this tier.”

This entry was posted on Friday, November 30th, 2007 at 4:36 pm and is filed under Savings. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.