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Kaupthing Edge response to BoE base rate

6 March 2008

For a second month in a row Kaupthing Edge is offering a highly competitive 6.5% AER on its instant access account, which is guaranteed to be at least 0.3% above the base rate until 2012.

Ashley Whittaker, Head of Retail Savings at Kaupthing Edge, new entrant to the UK retail savings market with a highly competitive 6.5% AER and rate guarantee until 2012 comments:

"Today’s decision to hold the base rate is good news for savers, however, during this time of economic uncertainty people need to review exactly how hard their savings are working for them. We know that one in five Britons have vowed to save more and they should be looking for the best deal on the market. For a second month in a row Kaupthing Edge is offering a highly competitive 6.5% AER on its instant access account, which is guaranteed to be at least 0.3% above the base rate until 2012."

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