Scarborough Branch

Scarborough Promotes Christmas Cheer – Without The Debt Hangover - For Scarborough Savers

Press release published on 7 December 2007 by Scarborough Building Society

Scarborough Building Society is encouraging people to plan early for Christmas 2008, and avoid borrowing to pay for it, with the re-launch of the Christmas Saver account.

Savers in Scarborough can avoid the potential pitfalls of a debt hangover in the 2008 festive season by saving at attractive interest rates of up to 6.00%, per annum AER.

Available exclusively through the Society’s branch network, Christmas Saver 2008 offers interest of 6.00% to existing customers, or 5.75% for new members, with the added incentive of a £5 credit to kickstart their savings.

Russell Thompson, manager of Scarborough’s town centre branch, based on Westborough, said: ‘Christmas is an expensive time of year for everyone, especially families.

‘We were one of the first providers to offer a dedicated Christmas savings account, giving people a safe haven for their festive savings in the wake of last year’s Christmas hamper club collapse.

‘With growing public awareness of the importance of saving and managing personal debt responsibly, we believe this account will be in even greater demand this year.’

Andrew Carter, manager of the Coldyhill Lane based Newby branch added: ‘And, with a healthy number of accounts opened since then, it is nice to think that there are now so many families looking forward to a worry-free Christmas after stashing away a few pounds every month.’

Christmas Saver accounts can be opened at any of the Society’s nine branches, including both town centre and Newby branches . Further details of all branch locations can be found at www.scarboroughbs.co.uk.

Mortgages: 0845 634 3770 |
Savings: 0845 634 3760
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Scarborough Building Society is a Building Society registered under the Building Societies Acts whose principal place of business is Prospect House, Lake View, Eastfield, Scarborough, North Yorkshire, YO11 3YU.
Scarborough Building Society is a member of the Building Societies Association and is authorised and regulated by the Financial Services Authority.
Scarborough Building Society is entered in the FSA Register, FSA registration number 206062.
^†Telephone calls may be monitored and recorded for training purposes, security, and for your protection. Lines open between 08:30 - 18:00 Monday to Friday and 09:00 - 12:00 Saturday.