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An account to notice from Derbyshire BS

An account to notice from Derbyshire BS

Category: Savings

Updated: 09/05/2011
First Published: 09/05/2011

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Derbyshire BS has re-entered the notice account market after a long absence, with an impressive 60 day offering.

The Platinum Notice account pays 3.05% yearly (3.01% monthly) on a minimum investment of £5K.

The annual gross rate is guaranteed to be at least 2.00% above base rate until 31 May 2013..

Earlier access is subject to a 60 day loss of interest, but if £25K or more is kept in the account withdrawals are notice and penalty free. There is a maximum investment cap of £250K.

At 3.05%, it is highly competitive in the notice account market overall and sits just below the market leader in the 60 day notice market.

The fact that earlier access is permitted on 60 days' loss of interest will be seen as a plus as this is lower than current market trends.

The account is also available from Cheshire BS and Dunfermline BS.

Four out of five Moneyfacts stars have been awarded.

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Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 
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