Scarborough launches savings accounts paying 6.05% and 6.20%

Scarborough Building Society is today launching two outstanding new savings products helping customers to capitalise on the current high interest rate environment.

Catering for people looking to bag the higher returns available from a notice account – as well as those who like to retain access to their cash in case of a rainy day – Scarborough’s new offering includes both an easy access and a 90 day notice account, each offering market leading rates.

The first is a new issue of the Society’s highly successful Click & Save series, offering 6.05%, fixed until 31 August, 2008.

Meanwhile, Scarborough’s new Click & Save Notice account pays a market leading 6.20%, also fixed until 31 August, 2008.

Customers wishing to open either of these accounts can simply download an application form from the Society’s website and post it in, enclosing a cheque for their opening balance.

Scarborough’s Head of Group Marketing, Tony Burdin, said: ‘Higher interest rates is great news for people who rely on income from their cash savings.

‘The increasing popularity of saving has been evident in the success of previous issues of our Click & Save account, and I hope and expect these latest offerings will similarly appeal to people – whether they want emergency access to their money or prefer to bag the higher returns which come from a notice account.’