Bradford & Bingley Christmas Saver account launched
www.moneynews.co.uk > Banking > Bradford & Bingley Christmas Saver account launched
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Money News |
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Bradford & Bingley Christmas Saver account launched
Mon 6th Feb 2006
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Customers who spend a lot of money at Christmas are the target of the deal, the company claims.
Savers can invest between £10 and £150 a month into the account and will then be able to withdraw money from December 1st onwards.
According to figures provided by the British Retail Consortium (BRC) the average person spends £330 on Christmas presents and the typical family pays £920 for their yuletide festivities.
Head of savings at Bradford & Bingley Steve Potter said: "Choosing the 'spend now, pay later' way that many of us do can be costly.
"Arranging a regular savings plan could take much unneeded stress out of Christmas."
The Bradford & Bingley Christmas Saver account requires a minimum deposit of £10 upon opening and allows a maximum balance of £1,500.
Related News : Banking |
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Related News : Bradford and Bingley |
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