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Account from Northern Rock is one to saver

Account from Northern Rock is one to saver

Category: Savings

Updated: 18/04/2011
First Published: 18/04/2011

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 It is now over 6 months old so the content may be out of date.

Northern Rock has introduced a new issue of its Save Up account, paying an improved rate.

Issue 2 of the no notice postal operated account pays a yearly rate of 2.80% (2.77% monthly) on a minimum investment of £1.

The rate includes a 1.50% bonus for 12 months, one withdrawal is permitted per month, and a maximum investment of £100K can be made.

This review of the no notice postal account sees the new issue paying 0.20% more than its predecessor but the investment has now been capped at £100K.

Paying 2.80%, it sits just below the market leading no notice account (excluding internet accounts).

Four out of five Moneyfacts stars have been awarded.

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 Any products featured may be withdrawn by their provider or changed at any time.