|    FM Home   |    FM News   |    FM Forum   |    FM Blog   |    21st of February 2018
|   Banking  |   Insurance  |   Property  |   Mortgages  |   Economy  |   Investments  |   Credit Cards  |   Debt  |   Loans  |   Pensions  |   Companies  |  

Banking News feed Banking News

All Financial News feed All Financial News

The Nottingham launches 5% regular saver

Bookmark and Share

by David Masters
The Nottingham launches 5% regular saver

The Nottingham has launched a new fixed-rate savings account aimed at customers who want to save “little and often”.

The Fixed-Rate Regular Saver pays interest at 5%, and can be opened with a minimum deposit of £10.

Savers can set aside up to £100 per month into the account, and are not penalised for missing a payment. They can also make as many deposits as they like, provided they do not exceed the £100 monthly limit.

The 5% interest rate on the account is guaranteed until February 2011.

Clare Roberts, spokesperson for the Nottingham, said the account is designed to encourage consumers to kick start a savings habit.

“By giving up something as simple as their daily cappuccino costing £2.20, consumers could start building up money to buy something they have always wanted or just to save up for a rainy day,” she said.

Discuss this in the Finance Markets forums

Story link: The Nottingham launches 5% regular saver

News posted: January 25, 2010

Financial Services:

Related financial stories to: The Nottingham launches 5% regular saver:
Previous: «
Next: »

Visited 4502 times, 1 so far today

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Tags: , ,