Nottingham Building Society has launched a new savings account offering 6.55% gross interest. The so-called Postal Tracker 45 is a notice account catering for the needs of the experienced saver, says the society. Its key features include a guaranteed rate of at least the Base Rate plus 0.25% - currently 5.25% - until October 2009 and at least the Base Rate plus 0.1% - currently 5.1% - until October 2010.

Savers can open an account with an initial minimum deposit of £1,000 and hold a maximum balance of £250,000.

"We have got a strong track record of delivering ‘best buy' products that are popular with savers throughout the UK," commented Clare Roberts, The Nottingham's savings and investment product manager.

Financial data provider, Moneyfacts has given the Postal Tracker 45 savings account a four-star rating.

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