Northern Rock has made itself noticed with the launch of its new Rainy Day Saver account.
Paying 2.90%, this 120 day notice account is a welcome addition to the variable rate savings range of Northern Rock.
The rate is a market leader in the 120 day notice account field and so should therefore prove popular with savers.
It is worth remembering that no earlier access to funds is permitted, while the rate also includes a bonus of 1.50% for 12 months.
This makes it essential to review the competitiveness of the account in a year's time, although the rate is also guaranteed to be no less than 0.25% above the Bank of England base rate until 31 December 2012.
Four out of five Moneyfacts stars are a fitting reward.
Other Northern Rock savings products you may be interested in are:
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 Any products featured may be withdrawn by their provider or changed at any time.
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