eSavings from B&B

Bradford & Bingley has announced the launch of eSavings4 - the online savings account giving an annual bonus rate of 6.01% p.a. gross/AER for the first 12 months.

eSavings4 - available to savers with a minimum deposit of £1,000 - pays a bonus rate for the first 12 months from the anniversary of the account opening - the annual gross interest rate thereafter guaranteed to at least match Bank of England base rate until June 30th 2009.

For customers who want their interest to be credited on a monthly basis, a special bonus interest rate of 5.85% p.a. gross is available. Again, this rate will apply for the first 12 months from the anniversary of the account opening - after which it will change to 5.37% p.a. gross.

No notice is required for withdrawals, which can be made on a penalty-free basis via BACS transfer to the customer's nominated bank account.

29 June 2007 © Moneyextra.com

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