Saffron Building Society: Savings rate pledge
Wednesday, 02 September 2009 12:00
Saffron Building Society has vowed to keep interest on its Goal Saver account at least 2.35 per cent above the base rate for 12 months.
The East Anglian-based mutual recently increased the rate on the savings plan to 2.85 per cent.
And now it has implemented the rate guarantee for both new and existing customers.
John Eastgate, sales and marketing director for Saffron, said offering a consistent rate was important as savers should not have to switch accounts every year in pursuit of a fair rate.
He added: "Saffron's Goal Saver account encourages and supports people who are saving towards a particular target.
"With our new rate guarantee, it's much easier to factor the additional interest in to your savings plans."
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