Portman Branch Bonus Saver Account unveiled

The Portman Branch Bonus Saver Account has been unveiled, which offers a best buy rate of 5.1 per cent for six months.

This second issue of the account also guarantees to pay at least the Bank of England (BoE) base rate until March 31st 2007.

The account is available from October 1st 2005 and can be opened by customers with a minimum balance of £1,000.

Lynsey Hallam, group press officer for Portman Building Society , said: "By launching this product through our branches, we wish to encourage and reward customers who choose to use their local branch."

Additional deposits can also be made at any branch.

Customers are able to make withdrawals without penalty if the Portman Building Society is given 90 days notice.