Bristol & West has expanded on its Structured Products range by launching a
Minimum Return Bond Mini Cash (MRBMC) individual savings account (ISA).
The savings account comes with a five-year fixed term and offers customers a guaranteed return on their original investment.
Linked to the FTSE 100, Nikkei 225 and S&P 500 indices, the savings account is currently available to all customers.
A minimum investment of £3,000 in the savings account is required and there is also 15 per cent tax-free interest guaranteed – or 65 per cent of the rise in the indices, if this is greater.
In total, the Bristol & West Structured Products range includes six products.
Guaranteed savings bonds with four-, five- and six-year terms are available, all of which are linked to the FTSE 100 index.
Income and growth savings bonds are also on offer as well as offshore versions of all the above, which are distributed through Bank of Ireland Isle of Man.
Furthermore, all savings bonds are covered by the Bristol & West Capital Guarantee, which ensures that customers receive their capital at the end of the term, no matter how the linked indices perform.
Mini cash individual savings account launched
Mini cash individual savings account launched
Thu, 02 Feb 2006
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