Norwich and Peterborough Building Society is raising the interest rates on several of its savings accounts.
The change will affect the fixed-rate bonds, loyalty bonds and fixed-rate mini cash individual savings accounts.
New rates of interest will be available on their products from August 17th 2006, with changes taking place on all of the society's savings accounts.
The individual savings accounts, which are available in one, two and three-year options, will see an increase of 0.3 per cent, 0.2 per cent and 0.2 per cent respectively, bringing the rates to 5.0 per cent, 5.2 per cent and 5.2 per cent.
All of these savings accounts require a minimum investment of £3,000 in the current tax year, although no additional deposits are available and withdrawn funds cannot be replaced.
Interest is paid annually on the accounts, while withdrawals can be made at a branch or by post, although they are subject to the loss of 120 days lost interest during the fixed period.
Norwich and Peterborough offers customers a wide range of financial services, including banking and credit cards.
Norwich and Peterborough raises interest on savings accounts
Norwich and Peterborough raises interest on savings accounts
Wed, 16 Aug 2006
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