16 February 2010
Saffron Building Society and Wedding Magazine launch online wedding tool
Online tool set to be vital source of budgeting for brides-to-be
Budgeting support includes new savings account paying 2.25%
With weddings now costing a staggering average of £18,000, Saffron Building Society and Wedding Magazine have joined forces to launch a new online tool (http://weddingplanandsave.saffronbs.co.uk) that will help users to both plan and save for their dream wedding.
The site, which is UK's first end-to-end planning and saving tool will help brides-to-be stay in control of their finances when planning their wedding by translating their budget into a simple step-by-step savings plan.
As part of this partnership, users can open a Saffron savings account with a competitive rate of 2.25% gross p.a / AER. The account must be opened with a minimum of £10 and has a maximum balance of £1,000,000.
The savings account's balance will be recorded in the site's budgeting tool so users can not only see how much money has been saved, but how much they can afford to save each month in order to achieve their perfect day.
John Eastgate, Sales and Marketing Director at Saffron Building Society says: "At Saffron we've 160 years' experience of helping people save up for the important things in life. It's our hope that our new online wedding tool will put those planning a wedding in control of their finances and get married life off to a happy, debt-free start".
Wedding editor Catherine Westwood adds: "Planning a wedding can be a daunting task and this new tool will make the experience much easier. As well as providing wedding inspiration, we're helping brides-to-be to plan, organise and budget for their dream day with a tool that keeps the key elements all in one place."
Roger Cummings, publisher of Wedding, says: "The wedding tool we're launching with Saffron Building Society is a fantastic addition to Weddingmagazine.co.uk. Through the tool, Wedding will offer brides-to-be extra help with the high interest account, as well as offering exclusive offers with premium retail partners."
Saffron and Wedding will promote the wedding tool at Wedding's stand at the National Wedding Show in London and Birmingham. Additional support includes online and in-magazine promotion within a range of IPC's women's brands, including Wedding, Marie Claire, InStyle, Woman & Home, Look, Now and goodtoknow.co.uk.
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