Northern Rock Launches Market-Leading Instant Access Branch Saver
Northern Rock launches market-leading instant access branch saver designed for those who wish to operate their account via a branch.

NEWCASTLE, ENGLAND, February 12, 2011 /24-7PressRelease/ -- Northern Rock has launched a new issue of its instant access savings account designed for savers who wish to operate their account via a branch.

The Branch Saver (Issue 4) savings accounts will pay a market-leading annual interest rate of 2.05% gross*/AER** pa variable. Alternatively, customers may wish to opt for the monthly interest rate of 2.03% gross* variable (2.05% AER**).

The account can be opened and operated through Northern Rock branches with a minimum opening balance of GBP1. Additional deposits can be made up to the maximum balance of GBP250,000. Only one account per customer per issue is allowed.

Interest can be paid annually on 31 July. Alternatively, interest can be paid monthly on the last day of the month (available first business day of the following month or three days following this if the funds are sent via BACS to an external account).

Unlimited, charge-free withdrawals and transfers are permitted (there is a GBP35 fee for transfers and withdrawals by CHAPS).

Northern Rock has a network of 74 branches across the UK. A branch locator is available on Northern Rock's website.

Please note:
This information is directed at professionals only and should not be relied upon by any other persons. It is not a financial promotion and should not be displayed as such.

Press Release Contact Information:

Jule Wilson
Northern Rock
Media Contact
Northern Rock House
Gosforth, Newcastle upon Tyne
United Kingdom NE3 4PL
Voice: 0191 279 4676
Website: Visit Our Website