Hargreaves Lansdown is offering Vantage investors up to 6% on its cash accounts. For limited perio...
Hargreaves Lansdown is offering Vantage investors up to 6% on its cash accounts.
For limited periods and on a first come, first served basis, investors will be able to access the higher interest rate on Vantage Investment Supermarket Sipp, Isa and Fund and Share Account.
Ben Lundie, head of Vantage development, said: “We have been working very hard to come up with this new offer from the Bank of Scotland. Investors will benefit from the £50,000 deposit guarantee offered by the Financial Services Compensation Scheme and the Bank of Scotland is one of the “eligible institutions” included in the financial support package announced by the Government on 8 October.
“There are investors who are drip feeding their money into the markets at these levels, however for those who wish to hold back some cash these three fixed rate options offer very attractive rates bearing in mind tomorrow’s expected interest rate cut.”
For a fixed three months investors can receive 6% gross per annum. For six months the rate falls to 5.75%$ and over one year the rate is 5.5%.
