Teachers Building Society has increased the rate paid on its 95-day notice account, earning it an 'excellent' rating as a result.
Thanks to an impressive rate boost of 0.35%, Notice 95 (Issue 1) now pays a competitive rate of 1.55% yearly.
This account must be opened and operated by post with an initial investment of at least £1,000.
Additions are welcome at any time provided they are made by cheque, standing order or a bank transaction, while an unlimited number of penalty-free withdrawals are permitted as long as the 95-day notice period is upheld. Early access to funds is not permitted, so savers must ensure that they plan their withdrawals carefully.
The rate hike to this deal has enhanced its attractiveness to postal investors, who are also likely to welcome the flexibility of unlimited additions and withdrawals, provided they're happy to give notice to access their funds.
Moneyfacts rating: Excellent
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