Nottingham Building Society four-year fixed-rate savings account 'has limited availability'

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Nottingham Building Society four-year fixed-rate savings account 'has limited availability'

Wed 14th Jul 2010

Consumers may need to act quickly to take advantage of the new Nottingham Building Society four-year fixed-rate savings account, since the company has confirmed that it could be withdrawn at short notice.

If savers wish to apply for the product, they will need to have an opening balance of £1,000 and a maximum of £250,000.

The Nottingham Building Society four-year fixed-rate savings account is available from today (July 14th) and offers a return of 4.2 per cent interest paid annually until August 1st 2014.

This product is a postal account, with application forms available to download from the firm's official website.

Customers should note that there will not be a statement for August 1st 2010 and interest accrued will be added to the account.

Earlier this year, Nottingham Building Society launched its fixed-rate Isa with a tax-free interest rate of four per cent, although the minimum balance for this deal was £15,000.

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