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Cheshire launches new postal savings account

Cheshire Building Society has launched its new Premier Postal Savings Account offering a rate of 6% gross/5.88% AER.

The offer includes an introductory bonus of 0.75%, guaranteed until December 31, 2008, subject to a minimum balance of GBP10,000 being maintained. Savers can make unlimited withdrawals of GBP500 or more, at any time, provided thay maintain a minimum balance.

David Gibson, senior marketing manager for Cheshire Building Society, said: The Premier Postal Savings Account offers an easy access to funds, allowing investors not only to save for a rainy day, but also to act quickly if that rainy day should arrive.