Self Bank has launched a new three-month welcome deposit offering a 3.05% TAE interest rate. Available to new and existing customers, the product requires funds to be transferred from another entity. No additional product linking is necessary for this offer.
Customers can also access a 12-month welcome deposit at 2.75% TAE or a 24-month option with monthly interest. Investment-linked deposits are also available at 3% TAE, provided 30% of the amount is placed in Singular AM funds within five days of contracting.
These competitive rates follow the 's decision to raise interest rates to combat inflation. Business director Javier Sánchez oversees these products, which include quarterly interest payments and specific cancellation terms for savers.