Premier Deposit Accounts and Premier Savings Accounts
On 4 August 2016 the Bank of England reduced the Base Rate by 0.25% to 0.25%. As a result of this change, on 1 October 2016 we will be reducing the interest rate on Premier Deposit Accounts by 0.25% from 1.75% to 1.5%.
On the same date, we will reduce the interest rate on Premier Savings Accounts from 2.0% to 1.75%.
We appreciate you saving with us and hope that you will continue to support the growth of LASER Credit Union. Your savings continue to be safe and protected by the Financial Services Compensation Scheme.