West Bromwich building society unveils new savings account

10 June 2005
West Bromwich building society has unveiled a new bonus tracker account for savers.

Customers will be able to take advantage of the new variable rate offer from June 9th.

The Premier Bonus Tracker Account is available now online at www.westbrom.co.uk, by phone and post from June 19th and from West Bromwich branches from June 15th 2005.

The new account will track changes in the Bank of England base rate reverting to a Direct Tracker Savers product.

The minimum investment is £1,000 for new and existing customers and the maximum is £150,000 for both joint and single investors. Additional investments can be made at any time after the offer period and up to six withdrawals are allowed each account year.

Andy Heseltine, the high street lender's product manager, commented: "Our Society already has a strong reputation for fixed-rate products, however some investors still want a competitive variable rate product with instant access. The Premier Bonus Tracker should therefore prove to be a winner for these investors."

To read more about savings and investments, click here.

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