A LITTLE-KNOWN challenger bank has launched a new market-leading savings account.
Savers looking to make the most of their deposits can now get up to 5% interest back with a boosted easy access savings account.
Tandem Bank’s Instant Access Saver pays savers 5% back on their deposits thanks to a 12-month 0.35% interest boost.
The underlying annual interest rate is 4.65% but you’ll be able to top it up to 5% once you’ve opened an account on the app and clicked the ‘top-up’ button.
It’s unclear if customer’s will be able to top up their rate after the 12 month period – but banks usually reoffer these incentives to keep customers on their books.