From a minimum balance of just five thousand pounds (GBP) savers can open a Future Planning Tracker and take advantage of the competitive interest rate. The account's guarantee ensures that interest rates will not go below Bank of England Base Rate in the first two years providing the account is maintained above the minimum balance. Savers with over GBP25,000 to deposit are guaranteed a massive Base Rate +0.65% in the first year, that's 6.40% at current Base Rate levels.

The Tracker account is a no notice savings account with four penalty free withdrawals allowed in each anniversary year. Withdrawals over this number are subject to a penalty equivalent to 30 days loss of interest on the amount withdrawn.

Acting Managing Director of BBI, Lynette Byrne commented, "As a longer term savings account, customers would ideally have an access account as well, removing the need for frequent withdrawals from their Tracker account and ensuring that they get the most from their savings. The guarantees provide peace of mind and make this account extremely attractive to customers saving for their futures, perhaps for their pensions or a large purchase."

Bradford & Bingley International, based on the AAA rated Isle of Man, is a wholly owned subsidiary of Bradford & Bingley PLC. They offer a range of offshore savings accounts primarily to British expatriates, Isle of Man and Channel Island residents.