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E-saver account


Excellent rate of interest, good web site, easy to set up

Bonus paid only for 6 months

Recommendable Yes:

Detailed rating:

Efficiency of service

Competitiveness of charges/rates

Online - Content/organization of site

Online - Reliability/speed of site

Online - Ease of applying for products

Online - Investment tracking

Staff courtesyNot Applicable

Promptness of serviceExcellent

2 Ciao members have rated this review on average: somewhat helpful See ratings
very helpful by (50%):
  1. Torivmj
  2. offy
helpful by (25%):
  1. 1234
not helpful by (25%):
  1. hpearson

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I have just opened Abbey's e-saver account which gives a rate of interest of 7% gross which includes a bonus of 1% for the first 6 months.

As its name suggests the account is an Internet only account.

I have found the account very easy to set up and the web site is clear and well-organised with quick access. I have yet to encounter any technical hitches.

It is designed as an instant access SAVINGS account so I am using it as a place for spare cash which gives a good rate of interest. I will keep my eye on the bonus and if that is discontinued after 6 months, as I expect it to be, I will move my funds elsewhere.

Moving accounts every 6 months obviously involves hassle but banks rely on customers' inertia to make their money. If largere sums of savings are involved then movement can be worthwhile.

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This review of Abbey Online Banking has been rated:

"very helpful" by (50%):

  1. Torivmj
  2. offy

"helpful" by (25%):

  1. 1234

"not helpful" by (25%):

  1. hpearson

The overall rating of a review is different from a simple average of all individual ratings.

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