DF Capital launches new competitive fixed rate savings account and raises interest rates on another
17 August 2021
New one-year fixed rate savings account paying 1.3% AER* and an improved 18-month fixed rate offering 1.4% AER* now available
DF Capital today announced that it is launching a new competitive one-year fixed rate savings product and raising the rate on its 18-month fixed rate savings account.
Available immediately, these two new products sit alongside two existing products and form part of DF Capital’s savings proposition:
- One year fixed rate at 1.3% AER*
- 18-month fixed rate now paying 1.4% AER* (increased from 1.2% AER*)
- Two-year fixed rate deposit at 1.4% AER*
- 120 Day Notice Account at 1% AER*
All accounts can be opened with a minimum of £1,000 and enables savers to deposit a maximum of £85,000 across DF Capital savings products – with all eligible deposits up to that amount protected by the Financial Services Compensation Scheme. For fixed rate accounts, customers will receive interest at the end of the term.
Paul Atherton, operations director at DF Capital commented: “At the moment with low interest rates and rising inflation, finding an easy way to get the best savings rates has never been more important. Now with four competitive products, DF Capital customers can do just that. Our enhanced range is attractive, easy to obtain, online and supported by our experienced savings specialists. We aim to offer competitive interest rates for our customers and look forward to helping them strengthen their savings portfolio.”
