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Castle Trust Bank launches its first Fixed Rate e-Saver Account

by Jessica Weisman-Pitts
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19 August 2021

Castle Trust Bank has launched its first savings account to the public – a 2 year online Fixed Rate e-Saver Account, with an interest rate of 1.25% AER.

Castle Trust Bank has been providing its existing customers with a safe home for their money for almost a decade, and has now added an online fixed rate savings account to their range, which is also available to new customers. New customers can apply for the 2 year Fixed Rate e-Saver via the bank’s website, whilst existing customers can also apply through their Self Service Portal account, or via the bank’s mobile app available from the Apple App Store and Google Play. New customers are required to open a Self Service Portal account as part of the application process, which provides them with a quick and convenient way to manage their money online.

The bank expects to extend their range of online fixed rate savings accounts, to include ISAs, over the next few months.

Martin Bischoff, CEO at Castle Trust Bank, said: “Since Castle Trust’s conversion to a bank in June 2020, we’ve continued to provide competitive fixed rate savings account options to our existing customers and I’m delighted that we’ve launched online fixed rate savings accounts to the general public. It’s another example of Castle Trust Bank’s ambitious plans for continued growth in the savings, specialist property lending and retail finance markets.”