Savings account loyalty rewarded
Monday, December 19, 2005
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The new account is available to all customers that have had a Portman savings account for at least three years and have had an average balance of £2,500 in that savings account over the past 12 months.
"This is a popular account with our members and we were delighted to see that following the launch of the first issue a staggering 95 per cent of account openings were made in a branch," said Chris Shelley, savings product manager at Portman.
"The interest rate on this account is competitive and, as the account will be available for the foreseeable future, I hope our members will continue to take advantage of this exclusive product."
The savings option is a variable rate account, which currently carries an interest rate of five per cent. It is also guaranteed to be 0.50 per cent above the Bank of England (BoE) base rate for the next year and at least equal to the BoE base rate for a further two years.
Get some help finding the right savings account here:
http://www.europinions-finance.co.uk/savings/savings/
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