Money News
Bradford & Bingley has launched a 6-month fixed rate bond at 6.70% p.a. gross (6.81% AER).
The limited edition bond, which is available on a strictly first come, first served basis, has a minimum deposit requirement of £1,000, with a maximum balance of £2,000,000. No further deposits or withdrawals are permitted until the bond matures on November 4th 2008.
Customers who would prefer their interest to be credited on a more regular basis can take advantage of a monthly interest rate of 6.61% p.a. gross.
On maturity, the account's terms and conditions and interest rate become that of the Matured Bond Account, which offers instant access.
11 April 2008 © Moneyextra.com
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