Derbyshire increases bonus rate on Netsaver

Derbyshire Building Society, part of the Nationwide Group, has increased the bonus rate on its Derbyshire NetSaver - Issue 1 account by 0.07% to 2.25% gross p.a.
 
This brings the overall rate paid to a market leading 3.25% gross p.a./AER (variable).  Existing Derbyshire NetSaver - Issue 1 customers will benefit from the increased rate from tomorrow, while it will also apply to new accounts opened from 28 September onwards.

Available online via the Derbyshire Building Society website, interest on the Derbyshire NetSaver - Issue 1 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.