N&P launches E-Saver Issue 2

Norwich and Peterborough Building Society (N&P) is launching a second issue of its popular E-Saver Account on Tuesday 23rd December 2008.

Gary Lacey, savings product manager, said: "We saw a great take-up of the first issue of E-Saver and expect the second issue to be popular too. This account is very simple to open and operate online."

Main Details:

£1 to open - max investment £1million
3.25% gross interest (2.6% net/3.25% AER)
Interest paid annually on 1st January
Minimum age 16
The account may be opened by new and existing customers but funds must be new money to the Society. May be opened online at npbs.co.uk or application downloaded and forwarded with cheque.
May only be operated online.
The account may be opened by cheque but no further cheques will be accepted.
Withdrawals can be made without notice or penalty by transfer to another N&P account or an account with another provider.