Egg savings account summary
Egg Savings account has a 6.55% gross pa/AER variable (includes an introductory 12 month variable bonus rate of 1.80% gross pa from the date your account is opened) on balances up to £100,000. No interest payable on balances over £100,000, during the first 12 months.
After the introductory period, rate then reverts to the underlying rate that is currently 4.75% gross pa/AER variable.
There are no penalities for withdrawals, plus you have access to the account 24 hours a day. You can open an account with a £1.
Key features of this savings account
- Interest rate of 6.55% gross pa/AER for 12 months
- Then moves to Egg's standard AER of 4.75%
- Min balance £1; Max balance £100,000
- No max balance after introductory period
- No penalties for withdrawals
- Access 24 hours a day
- Easy to set up a regular deposit
- Interest is paid annually
Acceptance criteria