Newcastle continues to reward its savers

With a record low base rate held at 0.50% for over five months, and despite intense high-street competition, Newcastle Building Society is continuing to secure best-buy savings slots (source: moneyfacts.co.uk), for products such as its Reward Saver paying up to 3.00% Gross/AER, which includes a 1% bonus.

The Society’s Reward Saver account remains a popular choice for savers looking for a short term investment with its variable rate of 2.00% Gross/AER, plus a 1% bonus for the first 12 months. The account can be opened as a bond or a Cash ISA with a minimum balance of £500 and 120 days notice or loss of interest option.

Steve Urwin, Senior Sales and Marketing Executive at Newcastle Building Society, said: “It’s great news that the Newcastle’s products continue to offer our members some of the best features available and this is evident in the way our Reward Saver continues to feature in a number of best-buy tables months after launch.

“The Newcastle offers customers the choice to fit their savings in with their personal financial needs. The ISA range also allows customers to invest with the convenience of easy access in the variable rated ISA+ or guaranteed returns in one of our Fixed Rate Options ISAs, safe in the knowledge that their money will be in a secure home.”

For more information, visit newcastle.co.uk