Savings account offers ‘appealing’ 4.85% interest rate on £1million

A new savings account has just come onto the market and it offers one of the best interest rates available for people with a large amount of savings.Commenting on the deal, Rachel Springall, Finance Expert at Moneyfacts.co.uk, said: “Secure Trust Bank has launched new fixed bonds this week, including a two-year option.”Paying a rate of 4.85 percent, the deal takes a more prominent place in the market against its peers and can be opened from £1,000 and further additions can be made within the first 30 days of opening the account.”Savers looking to earn an attractive rate over the next two years may then find this an appealing option. The account secures an Excellent Moneyfacts product rating.’READ MORE: Man sells ‘gold nugget’ he found in £1.50 paperweight for £1,040