"Being purely digital we are able to operate a lower cost model and pass these savings back through great interest rates"
Atom Bank has added two new products to its current fixed saver range, with three-year and five-year products available from today.
The three-year fixed saver offers a rate of 1.70% and the five-year product offers 2.03%.
Atom Bank’s suite of products now includes fixed saver accounts, available in one, two, three and five year term options, residential mortgages and secured business lending via selected intermediaries.
Lisa Wood, Atom’s CMO, said: “We are delighted to add to our range of savings accounts and to bring our customers the best possible banking experience without the pain and frustration you can get with traditional providers. Being purely digital we are able to operate a lower cost model and pass these savings back through great interest rates, and as a UK licensed bank we offer full Financial Services Compensation Scheme protection on deposits to provide extra reassurance to our customers.”