Make a dime on the Tyne with Newcastle BS - 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.

Make a dime on the Tyne with Newcastle BS

Make a dime on the Tyne with Newcastle BS

Category: Savings

Updated: 05/06/2009
First Published: 04/06/2009

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 It is now over 6 months old so the content may be out of date.
Newcastle BS has launched a new market leading no notice variable rate internet account .

Maturing on 30.6.11, the Newcastle Online Saver pays a yearly rate of 2.50% (2.25% monthly) on a minimum investment of £1 (£1K for the monthly option).

This is a no strings attached account that should prove popular but investors should be aware that when the account matures on 30.6.11 a new home for their funds will have to be found.

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 Any products featured may be withdrawn by their provider or changed at any time.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

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