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New Savings Products launched from Britannia International

Douglas Isle of Man (Isle-News) 20 January 2009. Britannia International has launched two new savings accounts, Access Plus and 60-Day Notice, both available to Manx residents.

The new Access Plus account is designed for savers who are looking for a medium term savings account offering a good return and still allows access to savings should the need arise. The main features are:

  • Attractive rate of interest currently up to 3.00% gross p.a.
  • Interest rate bonus of 0.25% gross p.a. until at least 30 June 2009
  • Annual and monthly interest options:(Monthly rate set at 0.30% gross p.a. below the annual rate)
  • 3 no-notice penalty free withdrawals each calendar year
  • Further withdrawals available subject to 30-day interest penalty
  • Minimum deposit only £5,000, maximum £1m.

The 60-Day Notice account offers savers an attractive savings rate for longer-term savings or for those wanting to supplement their monthly income. The main features are:

  • Attractive rate of interest currently up to 3.25% gross p.a.
  • Interest rate bonus of 0.25% gross p.a. until at least 30 June 2009
  • Annual and monthly interest options: (Monthly rate set at 0.30% gross p.a. below the annual rate)
  • 60 days-notice required for penalty-free withdrawals
  • Immediate withdrawals available subject to 60-day interest penalty
  • Minimum deposit is £5,000, maximum £1m.

Mark Beresford, Managing Director of Britannia International, said: “We are delighted to be able to offer our customers a wider choice in savings accounts. The new products offer good returns combined with flexible access features and, perhaps more importantly, the peace of mind of saving with a subsidiary of one of the UK’s biggest building societies.”

To open a Britannia International savings account you can call in to either one of three branches located on Athol Street, Douglas, Parliament Street, Ramsey or Orchard Road, Port Erin. Alternatively call 681100 or visit www.britanniainternational.com for further details.

Ends

For more information on this news release please contact:

Nick Pledger
Marketing Developer
Britannia International

Tel: 01624 681154

Email: marketing@britanniainternational.com

Notes to Editors:

Britannia International is the offshore subsidiary of Britannia Building Society, which has 2 million customers and assets over £35bn. All deposits held with Britannia International are guaranteed by Britannia Building Society and are also covered by the Isle of Man Depositors’ Compensation Scheme.

For more information on Britannia International please log onto www.britanniainternational.com

Britannia International Limited is a wholly owned subsidiary of Britannia Building Society. The principal place of business and registered office of Britannia International Limited is Britannia House, Athol Street, Douglas, Isle of Man, IM99 1SD, British Isles. Registered Company No.50583. Licensed by the Isle of Man Financial Supervision Commission to take deposits. Copyright © Britannia International Limited 2009.

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