Newcastle BS tops the no notice savings tree - 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.

Newcastle BS tops the no notice savings tree

Newcastle BS tops the no notice savings tree

Category: Savings

Updated: 23/08/2011
First Published: 23/08/2011

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 It is now over 6 months old so the content may be out of date.

Newcastle BS has expanded its range of variable rate savings accounts to startling effect.

The new Online Bonus Saver is a no notice account paying 3.15%.

This includes a bonus of 1.00% for 12 months, making a review of its competitiveness essential in a year's time.

Careful budgeting will be required as the number of withdrawals is restricted to four per year.

In addition, savers must be comfortable arranging their financial affairs online, as it is an internet operated account.

But for paying the top rate in the no notice internet savings field, this account earns the maximum five 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 Any products featured may be withdrawn by their provider or changed at any time.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