Despite the popularity of online accounts, there are still some savers who are choosing accounts that can only be operated in branch.
These savers prefer to deal directly with an actual person, rather than over the telephone or via the internet. Here is an overview of the best deals currently available.
West Bromwich Building Society – Branch Easy Access Saver
This instant access account pays a rate of 2.85 per cent. Investments range between £1,000 and £1m. Savers are permitted to make a maximum of two withdrawals a year; on the third withdrawal the account will pay 0.05 per cent until 1st April each year when a new year begins. The gross rate is guaranteed to be at least bank rate until 30th April 2010. There is no minimum age restriction for this account.
Leeds Building Society – Flexible Freedom
Leeds Building Society's instant access account pays an annual rate of 2.25 per cent, while the monthly interest option pays 2.00 per cent. The account is only available to savers aged 50 and over and requires a regular direct pension credit, either weekly or monthly. Savers can invest between £500 and £1 million. Further additions are allowed. The gross rate is guaranteed to be at least equal to 1.00 per cent below Bank Base Rate until 1st September 2010.
Chelsea Building Society – Chelsea Guarantee Plus
This account pays an annual rate of 2.65 per cent, with a monthly interest option also available at a lower rate of 2.62 per cent. Investments range from £100 to £500,000. Funds can be accessed instantly, although this is subject to 60 days loss of interest until 8th September 2010. After this date withdrawals are penalty free. Account holders must be aged 18 or over. The gross rate for this account is guaranteed to pay at least 2.65 per cent or bank rate, whichever is highest, until 8th September 2010.
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 Any products featured may be withdrawn by their provider or changed at any time.
Moneyfacts.co.uk will, like most other websites, place cookies onto your computer’s
hard drive. This includes tracking cookies.