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The Cheshire Building Society has launched a new 3 day notice for withdrawals savings account paying 2.6 percent gross interest.
If you are looking for a suitable offer to deposit spare cash and that suits your financial situation, compare savings accounts online.
The new competitive 3 day Postal Saver Account enables the saver to withdraw money from the account without losing interest if they have given 3 days notice.
The interest rate is 2.6 percent gross p.aAER variable which includes a one percent gross p.a. bonus for 12 months if the saver keeps a balance of at least £1,.
The account requires a minimum of £1, to invest on opening although there is no limit on additional deposits after this, the maximum balance is £2 million and up to four withdrawals a year without loss of interest can be made providing the notice has been given.
"In uncertain economic times people want a safe home for their savings that pays them a good rate of return and actually encourages them to save," said Darren Bailey, Cheshire Building Society's product management head.
"But they also want the peace of mind of knowing they can access their money when they need it."
Interest is paid annually and savers have the option to have this paid back into the account or to another bank account either with Cheshire Building Society or not.
A cheque by post is the way savers can open the named account with additional deposits to be made by cheque and other methods such as standing orders, while withdrawals are done by cheque with a minimum withdrawal of £25.
Compare Savings Accounts
If you have money to put into a savings account, due to the low Base Rate kept by the Bank of England, savers need to investigate the best offers on the market to ensure they get a good return on their hard earned cash.