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West Bromwich BS savings account goes online

West Bromwich BS savings account goes online

Category: Savings

Updated: 07/09/2010
First Published: 25/08/2010

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 It is now over 6 months old so the content may be out of date.

West Bromwich BS has re-entered the online savings market with the launch of its new Websave Plus account.

Paying 2.51%, the rate is amongst the best around for online savings accounts.

Savers must be mindful of the account restrictions, as only one withdrawal is permitted per account year, with a hefty penalty of 120 days' loss of interest for further withdrawals.

A monthly option paying 2.48% will appeal to savers looking to supplement their income.

A fine addition to the no notice online savings account sector, this savings deal earns four out of five Moneyfacts stars.

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