Scarborough Building Society's new variable savings account

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Scarborough Building Society's new variable savings account

Scarborough Building Society has announced the launch of its latest savings account - Click Direct - a product that remains above the Bank of England's interest rate for the first year and tracks the rate in the second year.

The Scarborough Building Society variable savings account begins with a 6.05 per cent gross per annum AER in the first year but by the third year becomes independent of the base rate.

"Our other self service account, Click & Save, produced extremely popular and therefore we have decided to complement this self service range with our new, variable rate option, Click Direct," said David Womall, head of group marketing for Scarborough Building Society.

The new variable savings account is available to both new and existing customers of the building society, with opening deposits from £1,000 to £1 million welcomed.

Scarborough Building Society is part of the Scarborough Building Society Group, which also includes Scarborough Mortgage Services, North Yorkshire Mortgages and Scarborough Channel Islands.
ADNFCR-323-ID-18531962-ADNFCR

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