NEW ONLINE ACCOUNT FROM NEWCASTLE BUILDING SOCIETY
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| Article date: 13/10/2005 : 12:48:34 |
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The NewcastleNet (Issue 4) online instant access savings account from Newcastle Building Society will be available from tomorrow.
It offers a variable annual interest rate of 4.90 per cent gross for a minimum deposit of £1 and a maximum of £1 million.
Investors who start with a minimum of £1,000 can choose to receive monthly interest payments at a slightly lower rate, currently at 4.75 per cent gross.
Steve Urwin, head of marketing and new media at Newcastle Building Society, said: "This is a highly attractive new instant access account to add to our comprehensive range.
"We feel it should appeal to investors looking for a straight-forward online account offering an extremely competitive rate of interest."
As well as having the interest credited to this account, it can be credited to a third party bank or building society account.
Customers have been told to take up the offer as soon as possible if they want it, as the account is only available for a limited time.
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