Fix it for three years with Birmingham Midshires - Savings - News - Moneyfacts


Fix it for three years with Birmingham Midshires

Fix it for three years with Birmingham Midshires

Category: Savings

Updated: 03/08/2009
First Published: 03/08/2009

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 It is now over 6 months old so the content may be out of date.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 launched a new issue of its three year bond, which pays an improved rate compared to its predecessor.

The 3 Year savings account is a postal operated account that pays 4.55% yearly (4.46% monthly) on a minimum investment of £1. Early access is subject to 90 days' loss of interest and additions are permitted whilst the issue is open.

The account sits within the top five of 3 year bonds and should prove popular with those who prefer to bank using the postal system. A low minimum investment and flexible terms for additions and withdrawals will also help.

The product has been awarded four out of five Moneyfacts stars.

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 Any products featured may be withdrawn by their provider or changed at any time.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

Savings being used as a festive financial buffer

Good news from RCI Bank UK – its latest research shows that many of us are saving more than we were a year ago, but the question is, will you be dipping into that buffer to cover the cost of Christmas?

6 of the best easy access savings accounts

Easy-access savings accounts are as simple as they sound – they allow you to access your money whenever you need it, without having to give advance notice, and they also allow you to pay into them at any time. Here are six of the best.

Start saving for Christmas… 2017!

Christmas is just around the corner and our annual festive splurging is starting to step up, but are you prepared? It may be too late to start saving for this year’s festive spend, but it’s never too early to start for next year’s!