Abbey extends six per cent current account deal

Abbey has decided to extend its market-leading six per cent current account and savings account offer for a second time.

The deal, as well as being the best current account rate offer in the UK, comes with a four-month zero per cent overdraft.

The special rate is only available to customers switching from Lloyds TSB, Barclays, HSBC or NatWest who must deposit between £20 and £250 a month to qualify.

This guarantees to match the size of the overdraft provided by your current bank, up to a maximum £5,000, and a minimum £300.

“The six per cent current and savings account offer has been really successful and we’d like to give more people the chance to benefit from this great deal,” said Reza Attar-Zadeh of Abbey.

“With summer and the school holidays fast approaching, now is a great time to review finances and for everyone to make sure they are getting the best interest rates available.”

The four biggest banks in the UK have cornered over half of the current account market between them, despite being paid an average of just 0.10 per cent on their money.

© Adfero Ltd

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