Guarantee extended on the Britannia Building Society DirectSaver Account

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Guarantee extended on the Britannia Building Society DirectSaver Account

Thu 13th Jul 2006

Savers can continue to benefit from the Britannia DirectSaver account as the building society has announced it will continue to guarantee its interest rates.

At present, interest rates on the DirectSaver will be at minimum the same as the Bank of England base rate, currently 4.50 per cent.

Interest rates on the account had been guaranteed to follow the base rate until July 31st 2006 - today's announcement means this offer will remain in place for a further 12 months.

Britannia reports that the account is among its most popular with thousands of people having taken up its interest rates offer.

Tim Franklin, Britannia's managing director of member business, commented: "To give savers even more flexibility, we have introduced an online DirectSaver facility, in addition to the existing telephone service. This means that savers can now check their balance, view recent transactions and transfer funds online."

The Britannia Building Society also offers a range of credit card, insurance and mortgage products.

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