Bradford & Bingley International (BBI) have launched two new savings accounts, Easy Saver and Global Saver. First made available on 28th February, they form the basis of BBI's competitive new savings account range.
Easy Saver is an access savings account which pays an attractive rate of interest for balances of ?5,000 and above, and requires no withdrawal notice. Savers have the choice of receiving their interest annually, monthly or upon account closure. Currently, Easy Saver is paying 2.50% for annual and deferred interest and 2.45% (AER 2.48%) for monthly interest.
Global Saver, meanwhile, offers a premium interest rate in return for 60 days' withdrawal notice; immediate access remains an option, should savers require it, with 60 days' loss of interest on the amount withdrawn. Global Saver is now paying 2.75% for annual and deferred interest and 2.70% (AER 2.73%) for monthly interest.
BBI's Managing Director John Pearson (pictured) commented “The two new savings accounts help to make our range a much clearer proposition to savers. As well as complimenting each other, they work extremely well alongside our longer term savings accounts such as out Fixed Rate Bonds.”
BBI is now part of Abbey and the Santander Group, which has AA rating from Standard & Poor's. Deposits with BBI are covered by the full guarantee of Abbey. More information on Easy Saver and Global Saver can be found on the website or by calling +44 (0)1624 695000.
