Cheshire BS has increased the rate paid on its new 30 day postal account that leads the way in its market.
The 30 Day Postal Saver will increase by 0.35% to 2.95%, while all other terms and conditions remain unchanged.
It is good to see Cheshire BS increase the rate on this 30 day account only two weeks after its launch.
At 2.95%, it is a market leading notice account and should prove very popular.
Investors do, however, need to ensure they can adhere to the terms and conditions of the account as just four withdrawals in each anniversary year are permitted after which the rate will reduce to 0.10% for the lifetime of the account.
Four out of five Moneyfacts stars have been awarded.
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