From: Ronald Raygun 
Subject: Re: Passbooks .........
Newsgroups: uk.finance
Date: Sun, 04 Apr 2004 18:27:16 GMT

Pog Mo Thoin wrote:

> 
> "Ronald Raygun"  wrote in message
> news:LXGbc.2055$M13.21249155@news-text.cableinet.net...
>> Eggy wrote:
>>
>> > Highest Interest-paying instant access passbook accounts please?
>>
>> Passbook?  How quaint.
>>
> 
> Some people prefer them, eg pensioners ?
> 
> Abbey Branch Saver pays 3% gross on balances under £10,000 based on zero
> withdrawals in a year.
> 
> Or Nationwide Bonus Saver pays 4.25% gross including bonus. A passbook is
> provided. Any withdrawals results in loss of bonus so interest rate
> reduces to a rather insulting 1% gross.
> 
> Can anyone better that?

Can anyone "worse" that, do you mean?  What use is a savings account
to a pensioner if it doesn't allow withdrawals?