Postal Access 60 is a notice account catering for the needs of the experienced saver. Its key features include a 0.90% bonus payment for 12 months; the ability to open an account with an initial deposit of GBP500, or more – with a maximum amount of GBP250,000 allowable as an investment – and the ability to manage the account remotely.
The building society has announced that unlimited withdrawals can be made on the account – providing 60 days’ notice is given prior to the withdrawal of funds. In the event a saver wishes to access their money inside the notice period, 60 days’ worth of interest will be charged to the account.
Clare Roberts, savings and investment product manager at Nottingham Building Society, said: We have got a strong track record of delivering ‘best buy’ products that are popular with savers throughout the UK – and I believe Postal Access 60 will definitely fall into this category.