Scarborough account possesses "great rate"

www.moneynews.co.uk > Banking > Scarborough account possesses "great rate"

Scarborough account possesses "great rate"

Fri 27th Apr 2007

Scarborough Building Society has announced details of its new click & save account, which is available for a limited period of time only.

Guaranteed at a rate of 5.80 per cent until July 31st 2008, the account can be opened with a balance of more than a £1,000.

Customers choosing to have their interest paid on a monthly basis will have an interest rate of 5.65 per cent.

According to the group, the Scarborough account can be applied for more easily than ever, simply by printing out an application form online and posting it off with cheque enclosed.

Tony Burdin, head of group marketing at Scarborough, said the group had gone to the top of the best buy tables with the latest issue of the Scarborough account.

The group said that the Scarborough account would allow it to "pass on our savings to customers in the form of a great rate, coupled with the added benefit of easy access to their cash with no penalties".

Scarborough tops best buy tables with easy access account paying 5.80 per cent.

Related News : Banking
	Young people 'should be taught to save'
	Families 'should plan for their children's future
	Switching bank accounts 'not as easy as banks portray'
	Brits facing finance difficulties 'should talk to their bank'
	Brits 'should utilise Isa allowances'
	Brits advised on investment options
	Children 'should be given bank accounts at 16'
	Falling inflation 'could help Brits save'
	Money worries 'are mounting for many'
	Contactless payment 'is secure and convenient'