If something's too good to be true, it probably is. If something's just a great deal though, you need to snap it up before someone else does.
The Barclays Regular Saver offers one of the best rates on the market at 12.5% gross/AER* fixed for a year. Availability is limited, however, so it might get withdrawn at any time.
How it works:
To get the rate, all you have to do is mandate your Barclays salary or pension to your Barclays current account for the 12-month term. Any Barclays personal current account counts, including the Barclays Staff Current Account or any of the staff Additions accounts.
You then transfer between £25 and £250 a month for 12 months to your Regular Saver by standing order. Interest is paid at the end of the 12-month term.
Unlike our customers, provided you pay in your salary, you don't have to have a credit turnover of £1,000 per month.
You cannot withdraw or make any additional deposits during the 12-month term. If you do not stick to the Terms and Conditions of the account, interest will be paid at the Easy Saver rate.
If you would like to apply, please ensure you have a Staff Marker on the account - this is called BTA code 91.
Income tax on the interest is deducted at the lower rate. If you are a non-tax payer, you can reclaim this.
*The Annual Equivalent Rate (AER) illustrates what the interest rate would be if interest was paid and compounded each year.
Just visit your local branch
Call 0845 678 1 678 and ask for 'saving' then 'cash savings'. Please have your Barclays staff or pension number to hand.