want a savings a/c with passbook

gillsmills

Can anyone tell me of a good bank or b/s that does a basic savings account with an old fashioned passbook. I know the rates won't be all that great but it is for an elderly lady who wants to put in £200-300 away to save each month and wants to see it "show" in the passbook. Thanks for any suggestions :j

Baldur

Nationwide do the CashBuilder Book but the rates are dire, rather than 'not all that great' - £1 - £9,999 1.50% AER.

cvd

Nationwide Cashbuilder book (rate is very poor) or Britannia Easysaver.
I am sure there are other better accounts with regional building societies but clearly the availability of these depend on where you live.

Baldur

NS&I Investment Account looks a bit better than Nationwide (and is accessible via Post Offices) or Britannia, tiered rates from 3.20% for <£500.

juicyjude

cheltenham and Gloucester although they now come under lloyds. Not a great rate though, the best of a bad bunch being the guaranteed branch saver.

jack_spratt_2

your best bet is a building society !! I do not know what area you live but Skipton ,Chelsea ,and Norwich and Peterborough are all paying over 5% interest on a passbook account

Baldur

juicyjude wrote: »

cheltenham and Gloucester although they now come under lloyds. Not a great rate though, the best of a bad bunch being the guaranteed branch saver.

The sting in the tail with that account is

• There’s no notice required to access your money but…

• Withdrawals are subject to a charge equivalent to 30 days' gross interest on the amount withdrawn

alanj_2

Scottish Building Society offer what you're after with a reasonable rate.

del1001

Abbey are offering their Instant Saver 2 account with a bonus payable for the first 12 months, accessable with a passbook or by phone.

http://www.abbey.com/csgs/Satellite?c=GSProducto&cid=1195853394566&pagename=Abbey%2FGSProducto%2FGS_InfProducto

opinions4u

Halifax do a Monthly Saver passbook account (not Regular Saver) that was paying around 5% last time I saw. 1 withdrawal allowed each year.