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Northern Rock launches regular saving account

Northern Rock launches regular saving account

Category: Savings

Updated: 18/05/2011
First Published: 18/05/2011

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 It is now over 6 months old so the content may be out of date.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 launched a new regular savings account that offers investors a market leading rate.

The Regular Saver Issue 3 is an instant access branch based regular savings account maturing 1 August 2012 with a minimum monthly investment of £1 (maximum £250) paying 4.00% fixed yearly.

Unlimited withdrawals permitted and monthly payments can be amended or missed without penalty.

Further additions permitted up to monthly maximums, and there is a maximum investment cap of £3,500.

This new issue paying 4.00% sits amongst the market leading fixed rate regular savings accounts. The flexibility for instant access withdrawals and changing monthly deposits is unusual in a fixed rate regular savings account so will add to its appeal.

Four out of five Moneyfacts stars have been awarded

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 Any products featured may be withdrawn by their provider or changed at any time.