Portman Building Society loyalty account offered

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Portman Building Society loyalty account offered

Portman Building Society is offering a special member's loyalty account, which offers customers a 5.25 per cent savings rate.

The account is available to customers who have held an account with the Portman Building Society for at least three years and have had an average balance of £2,500 for the last year.

Matthew Wyles, group development director at Portman Building Society, said: "Portman's success is founded upon the support of our most loyal and committed members. We are determined to direct the fruits of our success specifically to those members."

Other benefits include a guarantee that the rate will be 0.75 per cent above the Bank of England base rate for one year and customers are encouraged to apply as soon as possible as demand is expected to be high and the product is being issued on a limited edition basis.

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