Derbyshire launches easy access online account

Derbyshire Building Society, part of the Nationwide Group, has launched the Derbyshire NetSaver (Issue 1), an easy access account offering a competitive rate of 3.11% gross p.a./AER. This includes a fixed introductory bonus of 2.11% gross p.a. paid until 30 November 2012 for balances of £1 or more, helping savers make the most of their money in a low interest rate environment.

Available online via the Derbyshire Building Society website, Derbyshire NetSaver (Issue 1) may suit those who prefer to manage their savings online.  Interest is paid annually on 30 November, commencing 2011 and is credited to the account.  The minimum opening and operating balance for Derbyshire NetSaver (Issue 1) is £1, and the maximum balance is £1 million.

Matthew Wyles, Nationwide's Group Distribution Director, said:  "The launch of the Derbyshire NetSaver account is great news for those who want the flexibility of easy access.  With the account paying a fantastic market-leading rate at launch, Derbyshire NetSaver gives customers the best of both worlds.  And, to help savers manage their money more effectively, we will write to customers when their introductory bonus is due to end."