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Category: Savings Author: Lieke Braadbaart Date: 06/11/2017
Nottingham BS has launched a new regular savings account, which enters the Best Buy chart for its sector at a highly competitive place, earning a high Moneyfacts rating in the process.
The Special Saver Issue 6 boasts a variable rate of 2.50% to 28.02.2019, paid yearly, whereby interest must be compounded.
This branch-based account requires a minimum initial investment of £10. There is no penalty for missed payments and no minimum number of payments, with the maximum monthly deposit standing at £500. Unlimited contributions (up to the monthly maximum) are allowed, but withdrawals are not, so savers will have to make sure they won't need their funds until the end of the account's term.
The attractive rate on this account, combined with its high monthly contribution limit, has easily managed to see it enter the Best Buys in a competitive place, thereby also making it worthy of a high rating.
Moneyfacts rating: Excellent
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 Any products featured may be withdrawn by their provider or changed at any time.
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