Buckinghamshire BS has added to its range of savings products with a new variable account.
The Chiltern Gold Builder pays a yearly rate of 4.10% on a minimum investment of £25 (maximum £250). Twelve consecutive payments are required, although they cannot be amended during the term and no extra payments are permitted.
If payment is missed or more than one withdrawal is made, the rate falls to 0.10%. Money must be new to the institution.
With no other account opening requirements, apart from bringing new money, this product offers one of the higher rates within the regular savings market.
The Chiltern Gold Builder has been awarded four out of five Moneyfacts stars.
Compare regular savings accounts
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