Northern Rock launches new savings account

Northern Rock has launched a brand new savings account, which offers its loyal customers some of the best savings rates on the market.

The new loyalty saver, which is only available to existing Northern Rock customers, offers savers an interest rate of 2.9 per cent gross AER per annum.

Northern Rock claims that the new account offers savers the flexibility of access to their funds, without sacrificing competitive savings interest rates.

A 90-day notice account, the loyalty saver is available to open by transfer of maturing funds and can be opened with a minimum deposit of as little as £1.

Northern Rock's customer and commercial director, Andy Tate, said: "We want to reward the loyalty of our savings customers by offering them an exclusive deal which is not available to the wider market."

The bank recently launched a range of ISAs which can be fixed over a choice of one, three or five years and opened with a minimum initial deposit of £500.
 

Moneyextra.com recommends you take independent financial advice before acting on any article

Back

2011-01-24 13:19:09 © Moneyextra.com