N&P launches new e-saver account

Friday, 12 November 2010 12:00

A new e-saver account that offers customers a variable interest rate of 2.8 per cent has been released by Norwich & Peterborough Building Society (N&P).

People taking out the product can invest between £1 and £1 million and make withdrawals at any time without incurring a penalty.

The account is available to new and existing customers putting money into the service that is not already held in an account with the financial institution.

Savings product manager at N&P Gary Lacey said it is "[great] for people who are looking to make their money work hard for them".

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