GB Bank has launched a new savings account offering an “appealing” 4.78 percent interest rate.

The account is available through Raisin UK and the interest rate is fixed for three years.

Savers need a minimum deposit of £1,000 to get started, and up to £85,000 can be invested.

Commenting on the deal, Caitlyn Eastell, a spokesperson at Moneyfactscompare.co.uk, said: “This week, GB Bank has launched a new three-year Fixed Term Deposit on the Raisin UK platform.

“The deal pays an appealing…