Major app-based bank launches ‘market-leading’ savings rate of 5.18% for 2million customers – but how does it compare

Major app-based bank launches ‘market-leading’ savings rate of 5.18% for 2million customers – but how does it compare …C0NTINUE READING HERE >>>

A MAJOR app-based bank has launched a “market-leading” rate on one of its savings accounts.

Plum has bumped up the rate of its variable rate Cash ISA by 0.5 percentage points to 5.18% AER.

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Plum has increased the rate on its variable rate Cash ISA to 5.18%Credit: Getty

Cash ISAs are savings accounts where you don’t pay tax on any of the interest earned but you can only currently deposit a maximum of £20,000 into one or more each financial year.

You can sign up for Plum’s Cash ISA via the online…

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