Manchester bonus for no withdrawals

Friday 23 July 1993 18:02 EDT
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

MANCHESTER Building Society is offering 0.75 per cent bonus rates on its postal Money by Mail account if no withdrawals are made in the first year. Including the bonus, the account pays 7.3 per cent gross on pounds 1,000 deposits, 7.5 per cent on pounds 10,000, 8 per cent on pounds 25,000 and 8.25 per cent on pounds 50,000.

Scarborough's Keep Safe by Post account pays 8 per cent gross. Account-holders must pay in pounds 15 - pounds 150 a month.

West Bromwich pays a top rate of 8.1 per cent gross (6.07 per cent net) on sums over pounds 50,000, and 7.6 per cent (5.7 per cent net) on pounds 20,000 to pounds 50,000 in the 180-day account. If pounds 25,000 is left in the account, 30 days' notice is needed for withdrawals.

The 34th Issue of National Savings Certificates paying 7.5 per cent tax-free is beginning to mature. Matured certificates earn just 3.75 per cent tax-free. The current 40th issue pays 5.75 per cent after five years, while the 6th issue index-linked pays 3.25 per cent over inflation.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in