Abbey extends bonus period for new customers on 50+ Saver Account

From 1 October 2007, Abbey is extending the bonus period on its highly popular 50+ Saver account due to ongoing strong demand for the product. This is to ensure that new and existing customers continue to benefit from an attractive bonus period.

Rates will match any increase in the Bank of England base rate until 1st July 2008. 0.50 per cent% bonus included for the first 12 months that the account is open. The bonus applies to new customers. Interest will be paid on the anniversary of opening – either monthly or annually.

Reza Attar-Zadeh, Abbey's Head of Savings said: "The 50+ Saver account offers the over 50s an excellent, straightforward savings account with an attractive rate, instant access and availability via phone, internet, ATM or post.”

For more information about Abbey's current and savings accounts, visit abbey.com.