Sterling Savings Interest Rates

scarlets · Post by **scarlets** » Mon 22 Jan 2018 10:36 pm

I received an email from my bank, Near East today to say that the interest on Sterling Savings Bank Accounts was being reduced by .75%. I understand that rates will vary per bank and by the size of the deposit but is there a reduction in interest across all the banks? Which banks are the strongest within the Kyrenia area?

ElectricianPete · Post by **ElectricianPete** » Tue 23 Jan 2018 7:49 am

Capital Bank can pay as much as 5 per cent depending on amount and the length of time tied up

Kath · Post by **Kath** » Tue 23 Jan 2018 10:41 am

Universal offered us 4% didn’t specify an amount

scarlets · Post by **scarlets** » Tue 23 Jan 2018 5:15 pm

Thanks, will check out in March. Thought banks were offering 3% plus on sterling savings accounts