West Bromwich Building Society is offering a new no notice saver account that pays 2.05pc on balances of £10,000 or more, including a 0.55pc bonus.
The maximum you can invest is £100,000, although bear in mind that only the first £85,000 is protected by the Financial Services Compensation scheme.
This new no notice account, the Direct Bonus Account 6, is currently the market leader in its sector, according to Charlotte Nelson from comparison website Moneyfacts. "It should appeal to those looking for quick and easy access to their funds," she said.
Only four penalty-free withdrawals are permitted each year, with further withdrawals subject to a 90-day loss of interest on the amount withdrawn.
The limited penalty-free withdrawals make this account best suited to those looking to maintain their savings over the year.
The introductory bonus of 0.55pc expires on May 31 2014, so you should review the market beforehand to make sure you remain on a competitive rate.
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