SmartSave Bank has today announced a new partnership with Flagstone the UK’s leading cash deposit platform

IN BRIEF:

- Under the new partnership, SmartSave will make its market-leading fixed-rate accounts available to Flagstone clients while scaling up its deposit-raising activities via Flagstone’s broad distribution channels

- SmartSave allows users to open and manage their account entirely online and earn interest from day one with absolute transparency about when their term is ending

- Deposits made with SmartSave through the Flagstone platform can be opened and funded at the click of a button and are protected by the Financial Services Compensation Scheme

What does this mean?

Andy Mielczarek, CEO and Founder of SmartSave, a Chetwood Financial company: "We are thrilled to be offering our market-leading SmartSave accounts through the Flagstone platform. In the current climate, where inflation is high and interest rates are still rising, ensuring that customers have access to competitively priced savings products that help them do more with their money is vital. We look forward to giving more people the opportunity to grow their savings, as well as making the most of Flagstone’s broad range of distribution channels to grow our own deposit base.”