Northern Rock Adds Helpful Savings Video Guide To Its Website
Released on: June 22, 2011, 5:42 am
Northern Rock has added another helpful video guide to its
interactive savings website to help consumers with their savings
The video - Northern Rock's Guide to Savings - is the third guide in the series
recently introduced by the bank to add a further dimension to its award-winning
website. Existing videos include Northern Rock's Guide to ISAs and First Time
Buyers Guide, which can be viewed on the Northern Rock website alongside the new
The newest guide is designed to help customers make the most of their money in an
accessible way, by highlighting the need to consider debt and budgeting as well as
the benefits of the wide range of competitively priced savings products on offer at
The colourful video guide, which is also available via the bank's YouTube channel,
covers key areas such as planning for emergencies and saving for a rainy day.
Northern Rock offers a range of variable and fixed rate savings products, including
online savings accounts, instant-access products and tax-free savings options.
Northern Rock also offers customers a free savings review.
Further detail about Northern Rock's range of savings products is available on the
website, which is populated with useful advice and information for different savings
customer groups, financial planning information and at-a-glance guides to help
people choose between different types of savings account.
The site also includes a range of interactive tools such as a jargon buster and
budget planner to help take the complexity out of selecting the right savings
product for a customer's own individual circumstances, and a product calculator for
each of Northern Rock's products, such as a mortgage calculator and a calculator for its Cash ISA, to help work out the estimated return on
Northern Rock customers also benefit from the bank's unique savings promise. This
is a commitment to its customers that it will provide a minimum of two months'
written notice of any reduction to the interest rate on their account. Where
customers have a notice period for access to their funds of greater than two months,
Northern Rock will give them that equivalent notice period of any reduction to their
interest rate. Northern Rock will also write to all savings customers at least once
a year with details of all its available variable rate savings accounts. And it will
give savings customers a minimum of two months' written notice of any changes to
the terms and conditions of their account.
About Northern Rock:
Northern Rock plc is a new bank, authorised by the FSA as a deposit taker and
mortgage lender from 1 January 2010. It offers savings accounts to customers in the
UK and Ireland and mortgages to UK
borrowers. New products are offered through both direct channels - including a
national branch network - and mortgage intermediaries.
Northern Rock continues to operate within the compensatory measures agreed with the
EC as part of the State Aid approval announced in October 2009.
In June 2011, Northern Rock was awarded a national Big Tick Award in Business in the
Community's Awards for Excellence, in the category of Building Stronger
The BITC Awards identify and celebrate companies having a positive impact on the
community, environment, marketplace and workplace. The Big Tick winners demonstrate
significant impact and high quality management of their responsible business
practices and can show a positive impact both on society and on the business. Now in
their 14th year, they are the UK's leading awards for responsible business
Business in the Community stands for responsible business.
Northern Rock House
Newcastle upon Tyne
0191 279 4676
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