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Jul 26, 2006
Britannia Building Society is extending by
one year the guarantee on its telephone-based DirectSaver account. With this
latest move, the Society now guarantees that the interest rate on the
DirectSaver will at least match the Bank of England Base Rate as well as
provide a rate of 4.50% gross/AER on a minimum balance of £1000, until July 31,
2007. The previous deadline was July 31, 2006.
“The DirectSaver is one of Britannia's most
popular savings accounts and our extended guarantee gives savers peace of mind
that they will reap the benefits of a great interest rate for another year,”
says Tim Franklin, Britannia's Managing Director of Member Business. Franklin also points out
that Britannia has introduced an online DirectSaver facility in addition to the
existing telephone service. “This means that savers can now check their
balance, view recent transactions and transfer funds online,” he explains.
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