Birmingham Midshires comes to the fore for savers - Savings - News - Moneyfacts

News

Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

Birmingham Midshires comes to the fore for savers

Birmingham Midshires comes to the fore for savers

Category: Savings

Updated: 10/02/2011
First Published: 10/02/2011

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 It is now over 6 months old so the content may be out of date.

Birmingham Midshires has added a four year fixed rate bond to its already impressive portfolio.

Paying 4.20%, the new addition takes its place amongst the market leaders in the four year field.

Withdrawals from the bond are permitted, albeit at a penalty: earlier access is available on 320 days' loss of interest in year one; 270 days' in year two; 180 days' in year three; and 90 days' in year four.

An internet and a postal version of the account are available, both with the same rate and restrictions.

Four out of five Moneyfacts stars are well deserved.

Find the best savings rates for you - Compare savings accounts


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 Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Just 44 savings accounts beat inflation

Inflation recorded another large jump during December, and predictably, this has had a devastating impact on the number of savings accounts that beat it, so much so that you’ll need to lock your money away if you want an inflation-beating return.

Just 47% have money in a savings account

We’re often told of the importance of saving, yet unfortunately, the message doesn’t always get through. Indeed, research shows that just 47% of those surveyed have money in a savings account, and 17% have no savings or investment whatsoever.

How much will you save this year?

Many of us have set savings goals for the year ahead, and planning to budget better and save more will be at the top of many financial resolution lists. But how much are you hoping to squirrel away? Encouragingly, many people have impressive targets.
 
Close