Chetwood and Flagstone Serve Up Wimbledon-Inspired Limited Savings Offering

Chetwood Flagstone partnership has come out with a Wimbledon-inspired savings offer that will be available for a short time to UK savers. The campaign uses seasonal branding and competitive interest rates to get more people involved in the summer.

Launched to celebrate Wimbledon, savers can take advantage of Chetwood’s one-year fixed-term rate of 4.40% AER*, along with an exclusive six-month fixed-term rate of 4.31% AER*. Both are available for a limited time only.

With tennis fever sweeping the UK, Flagstone is sponsoring a series of players as they take part in one of the world’s most illustrious sporting events. This Chetwood Flagstone partnership shows how fintechs are using big cultural events to launch new products and connect with customers.

On July 1st, Flagstone was proud to sponsor underdog Elisabetta Cocciaretto as she overcame third seed Jessica Pegula in less than an hour in the first round of Wimbledon. The savings platform also sponsored Sonay Kartal in her impressive victory over Viktoriya Tomova on July 2nd, as well as in her comprehensive victory over Diane Parry on July 4th.

Flagstone partnered with Chetwood Bank’s former savings arm, SmartSave, in February 2023. It has recently moved their range of savings products (including fixed rate, easy access and notice products) under the Chetwood Bank Savings brand.

Claire Jones, Head of Strategic Relationships and New Business at Flagstone, said: “We are delighted to continue our long-standing partnership with Chetwood Bank and to celebrate this relationship with a whole range of highly competitive rates available during Wimbledon. Chetwood (formerly SmartSave) regularly tops the tables for Flagstone’s best rates, helping our broad base of engaged and conscientious savers maximise interest while minimising risk to their cash.”

Ben Mitchell, Director of Savings at Chetwood Bank, said: “Whether it’s in tennis or saving, timing matters. We’re pleased to team up with Flagstone to mark Wimbledon, and as the nation engages with the competition on the grass courts of SW19, we’re confident savers will engage with our new range of highly competitive fixed-term products.”

* ‘AER’ stands for ’Annual Equivalent Rate’ and illustrates what the interest rate would be if interest was paid and compounded once each year.

The Chetwood Flagstone partnership’s goal is to create themed savings experiences that are easy to use and fit with today’s market.