AA Telephone Bonus Savings Account offer launched

The AA has launched its Telephone Bonus Savings Account which offers savers a rate of 5.25 per cent for the first six months.

After this initial period, the rate drops by 0.65 per cent.

The AA Telephone Bonus Savings Account allows customers to make an unlimited amount of deposits and up to six withdrawals over the first year.

And though the minimum deposit for the account is £1, it is intended for those looking to invest a high amount of money, for a short time, into a high interest account.

The AA Telephone Bonus Savings Account has been available since October 27th, but it is just now that the 0.65 per cent bonus has been added.