Cracking the combination

The Royal Bank of Scotland's Combi Saver Account effectively links a structured product with an instant access account. And the bank is confident that investors will appreciate the product's flexibility. By Shamillia Sivathambu

With the UK yield curve largely expected to remain flat, high interest-earning instant access savings account providers like ING Direct are increasingly losing their pricing advantage. But Royal Bank of Scotland International's unique new offering, which marries a structured product with an instant access account, could provide savers with an interesting alternative, observers note.

RBS launched the market's first combination (combi) saver account almost a year ago, marketed exclusively through