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27 Jan 2025

Investec Save raises the rate on its 1-Year Fixed-Rate Saver Account


Investec Save has increased the interest rate on its 1-Year Fixed-Rate Saver account to 4.50% AER* from 4.35% AER.  The account can be opened with a balance of at least £5,000, and you can make unlimited deposits up to a total balance of £250,000.

The Fixed-Rate Saver provides simplicity and security for savers. Interest is paid on maturity on the 1-Year account. No withdrawals are permitted until the end of the term, and no further deposits can be made after the first seven days.


 

* AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once a year. The AER is intended to be an indicative rate to help you compare the return on different savings products.

 

  • Notes to Editors

    This press release is issued on behalf of Investec Bank plc. Investec Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Financial Services Register number 172330. Registered in England and Wales (No. 489604). Registered office at 30 Gresham Street, London EC2V 7QP. Member of the London Stock Exchange.

Learn more on Investec Save’s Fixed Rate Saver product

For further information, please contact:

Charles Clarke

Charles Clarke

Head of Business PR
About Investec Bank

Minimum eligibility criteria and terms and conditions apply. Investec Bank Plc (‘Investec Bank’ or ‘IBP’) is the UK banking subsidiary of Investec, the international financial services group. Investec Bank partners with private, institutional and corporate clients, offering banking and investment services in the UK, Europe and certain other countries.

Investec Bank also offers wealth management services through its strategic partnership with Rathbones Group, the UK’s largest discretionary wealth manager. Investec Bank has operated in the UK since 1992.

As part of the Investec Group, Investec Bank is a purpose-driven organisation, dedicated to its core purpose of creating enduring worth. This means we will always strive to create long-term value for all stakeholders and contribute meaningfully to people, communities and the planet.

It is the principal operating business of Investec Bank plc, a FTSE-250 listed company which holds the Investec Group’s non-Southern African businesses under a dual listed company structure. Further information can be found at www.investec.com.