Coventry Building Society: New 1st class postal account at 3.3%

Leeds Building Society launches new postal account

A new postal account for savings customers has been launched by Leeds Building Society in a bid to provide a good rate as well as flexibility.
Leeds BS launch postal access savings account paying 2.90%

The Leeds Building Society has launched a new postal access account that pays 2.90 per cent and allows unlimited withdrawals with no penalties.

Wednesday, 15 July 2009 09:49

Coventry Building Society is launching a variable rate 1st class postal savings account offering a rate of up to 3.3 per cent gross per annum.

The investment is available from July 15th 2009 and offers four withdrawals per year without penalty.

"With Bank base rate remaining at an unprecedented low, we know that savers are looking for a good return on their funds without having to sacrifice easy access to their money," said Coventry head of marketing Rachel Haworth.

To qualify, savers must keep a minimum balance in the account of £1,000.

Ms Haworth added: "Our 1st Class Postal is the perfect solution - we predict it will be very popular so savers need to act quickly to avoid missing out."

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