Teachers BS launches new best buy account | Product News - Moneyfacts

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Teachers BS launches new best buy account

Teachers BS launches new best buy account

Category: Savings
Date: 25/07/2014

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 It is now over 6 months old so the content may be out of date.

Teachers Building Society has extended its range of variable rate products by launching a brand new account, which heads straight into the Moneyfacts best buys.

The basics…

Premier Saver is a no notice account that pays a highly competitive 1.35% yearly on a minimum investment of £3,000.

The finer details…

This account can be opened and operated by phone or online, and permits further additions at any time.

However, while no notice is needed to access funds, savers should note than only two penalty-free withdrawals are permitted in the first year and only four are allowed each year thereafter.

Why we like it…

This new launch is a competitive easy access option which easily sits in the top 10 of comparable accounts. However, the withdrawal restrictions may limit its overall appeal to some savers.

Four Moneyfacts Stars have been awarded.

What Next?

Compare the best savings accounts in our best buy charts

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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

 
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