The Nottingham launches new postal account

New savings account offering a market-leading interest rate of 6.40%, has been launched by The Nottingham, one of the UK’s leading regional building societies.

Postal Access 60 is a notice account catering for the needs of the experienced saver.

Its key features include a 0.90% bonus payment for 12 months; the ability to open an account with an initial deposit of £500, or more - with a maximum amount of £250,000 allowable as an investment - and the ability to manage the account remotely.

Unlimited withdrawals can be made on the account - providing 60 days’ notice is given prior to the withdrawal of funds. In the event a saver wishes to access their money inside the notice period, 60 days’ worth of interest will be charged to the account.
“We have got a strong track record of delivering ‘best buy’ products that are popular with savers throughout the UK - and I believe Postal Access 60 will definitely fall into this category,” commented Clare Roberts, The Nottingham’s savings and investment product manager.

“The market leading rate of interest, combined with the convenience of being able to manage the account remotely, gives this account the potential to be a real winner.”

Historically, The Nottingham’s postal savings accounts have proved very popular with new and existing customers, with many savers attracted to the flexibility and simplicity of the Society's overall savings proposition.

For further information, visit thenottingham.com.