Archive for the 'new product' Category

Yorkshire’s new bonds pay up to 4.6%

Yorkshire Building Society has announced a new range of fixed-rate bonds paying interest at up to 4.6% gross/AER.
Customers can choose between two year, three year and five year options.
Interest is paid at 3.56% on the two year bond, 4.11% on the three year bond, and 4.6% on the five year bond.
Savers can apply for the [...]

Leeds bond offers access to 50% of investment

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 [...]

Sainsbury’s bumps Easy Saver rate to 2.7%

Sainsbury’s Finance has boosted the interest rate on its Easy Saver account for new customers.
Interest on accounts opened after 25th June 2010 will be paid at 2.7% Gross AER, an increase of 0.2 percentage points on the previous rate.
The 2.7% rate will be paid to new customers for 12 months provided they maintain a balance [...]

Sainsbury’s bumps Easy Saver rate to 2.7%

Sainsbury’s Finance has boosted the interest rate on its Easy Saver account for new customers.
Interest on accounts opened after 25th June 2010 will be paid at 2.7% Gross AER, an increase of 0.2 percentage points on the previous rate.
The 2.7% rate will be paid to new customers for 12 months provided they maintain a balance [...]

Leeds launches 2.25% web saver

Leeds Building Society has launched a new online savings account offering unlimited access.
The Albion Web Saver pays interest at up to 2.25%, and gives savers penalty free access to their money.
To open the account, savers need to deposit at least £2,500.
A spokesperson for the building society said the account was launched following the popularity of [...]

Co-operative 3.99% mortgage blows away competition

The Co-operative Bank and Britannia today launched a new five-year mortgage at a fixed-rate of 3.99%.
The mortgage is available to homeowners with a deposit of at least 25%.
Borrowers taking out the mortgage are required to pay a £999 fee.
The two providers, which merged last year, also announced a two-year fixed rate mortgage at 2.95%, also [...]