A new range of fixed rate savings bonds has been introduced by Abbey and Alliance and Leicester, with rates of up to 4.1 per cent offering savers the prospect of attractive returns.
Both new and existing customers can take advantage of the bonds, with the current fixed rate bond range - including eBonds from Bradford and Bingley - set to be withdrawn from sale.
According to Reza Attar-Zadeh, director of savings and investments at Abbey and Alliance and Leicester, the bonds will appeal to savers looking for a guaranteed fixed income.
"With rates of up to 4.10 per cent available, this latest range offers competitive returns," he confirmed.
However, Mr Attar-Zadeh added that savers would have to be quick to take advantage of the products as they are available for a limited time only.
The 4.1 per cent gross rate per annum/AER is payable on two-year fixed rate bonds with more than £25,000 invested.
Recent research from NS&I found that more Britons are optimistic about saving in 2010 than they were in 2009.
New fixed rate savings bond range from Abbey and Alliance and Leicester
Financial Services > Savings > Savings and Investments News
New fixed rate savings bond range from Abbey and Alliance and Leicester
Wed, 06 Jan 2010
Recommended links
Savings accounts comparison portalCompare savings accounts from top providers
Best savings bonds
Savings account providers
Save on broadband costs
The Co-operative launches savings bond for Christmas
Principality launches high-interest savings bond
Fixed rate savings bonds prove popular
Fixed rate savings bonds launched by Leeds Building Society
Santander extends savings bond offer
moneysupermarket.com warns over savings bond
Chesham Building Society savings bond sells out
Leeds Building Society introduces high-interest savings bonds
Leeds Building Society announces 6 per cent savings bond
Skipton Building Society introduces savings bond
Principality launches e-bond for pensioners
Building societies launch new savings bonds
Skipton BS launches new savings bonds
| savings news |
|---|
| Britons are more interested in paying off debt than saving - Wed, 08 Sep 2010 |
| Britons advised to take advantage of Isa allowance - Mon, 06 Sep 2010 |
| Britons told to expect wholesale changes to savings culture - Fri, 03 Sep 2010 |
| More News |
Dental Plan
Affordable cover from only £7.50 per month. Join now and get first month FREE
