Derbyshire Building Society Increases Rate On Netsaver Account

Competitive rate of 3.06% Gross P.A./AER*

13 March 2012

Derbyshire Building Society, part of the Nationwide Group, is today (Tuesday 13 March) increasing the introductory bonus rate on its Derbyshire NetSaver – Issue 3 account by 0.11% to 2.06% gross p.a., bringing the overall rate paid to a competitive 3.06% gross p.a./AER* (variable) until 30 June 2013. Existing Derbyshire NetSaver – Issue 3 customers will benefit from the increased rate from today, while it will also apply to new accounts opened from 13 March 2012 onwards.

Available online via the Derbyshire Building Society website, interest on the Derbyshire NetSaver – Issue 3 is paid annually on 30 June commencing 2012 and is credited to the account. The minimum opening balance is £1,000 with a maximum balance of £1 million.

Derbyshire NetSaver – Issue 3
Availability Online
Withdrawals Without notice or loss of interest
Min. opening balance £1,000
Min. operating balance £1
Max. balance £1 million

Darren Bailey, Head of Savings Pricing at Derbyshire Building Society, said: "With the end of the tax year fast approaching, our NetSaver account is ideal for those savers who have used up their ISA allowance but have more money left to save. Being an easy access account with a competitive rate on offer, the NetSaver provides those savers with a good return on their savings while also giving them the convenience of being able to access their funds whenever they need to."

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