Archive for the 'bond' Category
Leeds Building Society has launched a new instant access five year bond paying interest at 3.5%.
Savers can access up to 50% of the money saved in the bond at any time without penalty.
Leeds said it designed the bond by looking at the other bonds available on the market and coming up with something unique.
“We believe [...]
July 7th, 2010 | Posted in 3.5%, All Financial News, Banking News, Leeds Building Society, bond, five years, fixed-rate, new product | No Comments
Online bank First Direct has launched a new one-year fixed-rate bond paying interest at 2.75%.
The bond is only available to First Direct customers, and can be opened with a deposit of between £2,000 and £49,999.
No deposits or withdrawals can be made once the bond is opened. Customers who need to withdraw money from the [...]
February 10th, 2010 | Posted in All Financial News, Banking News, First Direct, UK, bond, fixed-rate, new product, savings | No Comments
The Coventry Building Society has launched a new 30-month fixed-rate bond paying interest at 4.25%.
Savers can open the bond with an investment of between £1 and £250,000, and can choose between monthly and yearly interest payments.
No money can be withdrawn from the bond until it matures in August 2012.
The bonds are available online, over the [...]
February 5th, 2010 | Posted in All Financial News, Banking News, Coventry Building Society, UK, bond, fixed-rate, new product, savings | No Comments
Clydesdale Bank has launched a new one-year fixed-rate bond paying interest at 4.5%.
The bond is exclusively available to customers also taking out an AXA investment product with the bank.
Savers must invest at least £2,000 in the bond, and the equivalent in an AXA investment product.
No withdrawals can be made from the bond. Customers who [...]
February 3rd, 2010 | Posted in AXA, All Financial News, Banking News, Clydesdale Bank, bond, fixed-rate, investment, new product, savings | No Comments
Nationwide Building Society has launched a new four-year Stepped Rate Bond paying a headline interest rate of 5.25%.
Interest rates on the bond increase annually.
In year one the bond pays 3.75% gross p.a./AER, 4.25% in year two , 4.75% in year three, and 5.25% in year four.
Savers must invest a minimum of £5,000 to open [...]
November 7th, 2009 | Posted in All Financial News, Banking News, Nationwide, bond, new product, savings, stepped rate | No Comments
Santander-owned Abbey, Alliance & Leicester, and Bradford & Bingley have launched a new two-year fixed-rate bond paying interest at 4% gross/AER.
The bond is available to new and existing customers, and requires a minimum investment of £10,000.
Customers opening the account can choose to have interest paid when the account matures, or monthly with a slightly reduced [...]
October 26th, 2009 | Posted in All Financial News, Banking News, Santander, UK, bond, fixed-rate, new product, savings | No Comments