Strike gold with Close Savings - Savings - News - Moneyfacts


Strike gold with Close Savings

Strike gold with Close Savings

Category: Savings

Updated: 03/02/2010
First Published: 03/02/2010

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Close Savings has delivered a boost to the notice account market with two new products that are worthy of Best Buy status.

The Premium Gold 90 day Notice is a 90 day notice post and telephone operated account with a minimum investment of £10K paying 2.82% quarterly.

The Premium Gold 120 Day Notice is a 120 day notice post and telephone operated account with a minimum investment of £10K paying 2.92% quarterly.

For both accounts: no earlier access is permitted and repayments can only be made to one nominated account. Initial deposit to be made by cheque. No cash deposits are allowed. 0.50% is paid on balances below £10K.

Investors need to take the notice periods into account and to be sure they can maintain a minimum operating balance of £10K to benefit from these leading rates.

Gail Johnson, senior marketing manager at Close Savings confirmed that these new notice accounts are the start of a wider offering to the retail market. "We want to build on the success of our Premium Gold, fixed term products launched last year," she said.

Both accounts have been awarded four out of five Moneyfacts stars.

Find the best savings accounts for you - Compare notice 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 Any products featured may be withdrawn by their provider or changed at any time.

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