Northern Rock has launched a new regular savings account that offers investors a market leading rate.
The Regular Saver Issue 3 is an instant access branch based regular savings account maturing 1 August 2012 with a minimum monthly investment of £1 (maximum £250) paying 4.00% fixed yearly.
Unlimited withdrawals permitted and monthly payments can be amended or missed without penalty.
Further additions permitted up to monthly maximums, and there is a maximum investment cap of £3,500.
This new issue paying 4.00% sits amongst the market leading fixed rate regular savings accounts. The flexibility for instant access withdrawals and changing monthly deposits is unusual in a fixed rate regular savings account so will add to its appeal.
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