A new "best buy" postal savings account has been launched.
The Fixed-Rate 42 savings account, being offered by Nottingham Building Society, will give customers a rate of 6.8 per cent.
Clare Roberts, savings product manager for the firm, said: " We believe that this account will appeal to those looking to invest their money in an account that is offering what we believe will be a 'best buy' rate."
She added that the company is confident the account will be extremely popular and anyone who is looking for a good savings account deal should "act now".
Anyone putting money in to the savings account will be able to withdraw it penalty-free after April 1st 2009.
Yesterday, research conducted by Lloyds TSB found that 42 per cent of respondents to a survey it had conducted admitted that they have no savings at all.
The study was an attempt to highlight the problem of people not taking financial matters seriously.
New savings account launched
New savings account launched
Thu, 13 Mar 2008
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