Nottingham Building Society’s Beehive Money introduces new 6.10% fixed rate savings product
6th October 2023: Nottingham Building Society announce that their Beehive Money introduces new 6.10% fixed rate savings product.
Beehive Money, the online savings brand from the Nottingham Building Society has recently launched two new savings products offering highly competitive interest rates, providing customers with excellent opportunities to grow their savings.
The first product, One Year Bond Issue 8, offers a, fixed interest rate of 6.10% gross p.a./AER, fixed until 30th November 2024. It requires a minimum deposit of £500 to open the account, which will only be available for a limited time. There are no withdrawals permitted during the fixed rate period.
The second product, Limited Issue Easy Access, offers customers a variable interest rate of 5.10% gross p.a./AER. This rate includes a bonus of 2.45% that will be in effect until 31st October 2024. A minimum deposit of £1,000 to open the account is required.
All UK residents over the age of 18 can open the account online through Beehive Money.
The new savings options have been designed to cater to the needs of savers, at a time when inflation and the cost of living remains high, offering them attractive interest rates and flexible terms that can help them achieve their financial objectives.
For more information about the new product, including how to apply, please visit here.
Kindly shared by Nottingham Building Society