Manchester BS Notice account is Premier standard - 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.

Manchester BS Notice account is Premier standard

Manchester BS Notice account is Premier standard

Category: Savings

Updated: 27/10/2010
First Published: 27/10/2010

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 It is now over 6 months old so the content may be out of date.

Manchester BS has launched a new 60 notice account that leads the way in its market.

The Premier Issue Notice 16 is operated by post and in branch and pays a yearly rate of 2.91% on a minimum investment of £1K. The maximum investment is £50K.

The rate includes a 0.90% bonus for 12 months, four withdrawals are allowed per calendar year and no earlier access is permitted.

Additions are permitted until 10 December 2010 and money must be new to the institution.

This is a welcome addition to Manchester BS's savings portfolio and the product should prove popular with investors. Careful budgeting will be required to limit withdrawals to four a year but this should encourage investors to save.

A safe bet, this account earns four out of five Moneyfacts stars.

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 Any products featured may be withdrawn by their provider or changed at any time.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