Britannia kicks off two new affinity savings accounts

Fri, 09 Sep 2005

Britannia Building Society is kicking off a new deal with Arsenal football club on its side.

Two new savings accounts are on offer by the Society, which will not only give savings account holders normal banking benefits, but will also contribute to the finances of the club.

Arsenal supporters opening one of these new affinity savings accounts will receive a limited edition collectable passbook in commemoration of the last 93 years Arsenal spent at Highbury.

"We are delighted to announce our partnership with Arsenal, one of the biggest clubs in the country with an incredibly loyal fan base," said Britannia's head of affinity Keith Jones.

The Arsenal Save and Support savings account is available for adult banking customers. The savings rate offered by this savings account is set at 4.55 per cent, with one per cent gross as an additional bonus for the first three months.

Following the introductory period the savings rate will revert to 3.55 per cent, the current savings rate.

Younger Arsenal supporters that want to start saving money can open the Arsenal Junior Gunners Saver savings account. The savings rate for this savings account, specifically for children, pays a savings interest rate of 4.55 per cent.

Once a year, the football club will receive one per cent of the average daily balances in the Arsenal Save and Support savings accounts over a 12-month period.

Arsenal hopes to use the money to promote its youth academy.

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