New Smart Saver from Teachers Building Society

Teachers Building Society has launched Smart Saver, a new savings account with tiered rates of interest, no bonus and allowing one no-notice withdrawal per calendar year.

‘Smart Saver’ pays up to 2.80% gross/AER, 2.24% net and is available now.

Alan Gravett, Head of Sales & Marketing at Teachers Building Society, said: "We understand that savers seek a good, straightforward return on their hard-earned savings and Smart Saver is a very uncomplicated, competitive account.We are proud of our reputation for providing excellent no-notice accounts alongside a truly personal service and we are shortlisted for the 3^rd time in 4 years for ‘Best No Notice Account Provider’ at the Moneyfacts Awards.” 

Product details:

• Variable interest rates:

        £3,000 - £24,999 – 2.60% gross/AER, 2.08% net

        £25,000 and above – 2.80% gross/AER, 2.24% net

• £3,000 minimum investment
• One withdrawal per calendar year without penalty