Chelsea offers new savings bond

Chelsea Building Society, part of the Yorkshire Building Society group, has launched a brand new two-year fixed-rate savings bond.

The new bond offers some of the best savings rates on the market with a return of 3.25 per cent on any money invested.

Savers can also take out the monthly return option which offers a slightly reduced savings interest rate of 3.20 per cent.

Chelsea's savings product manager Mike Helliwell said: "This product will offer a good return for our customers who wish to invest for the next two years."

He predicted that savers will need to act quickly to take advantage of the new bond.

The savings bond is available to open through Chelsea's branch network and can be accessed by both new and existing customers.

Yorkshire Building Society recently launched a Protected Capital Account, which is linked to the Retail Price Index RPI, and offers its customers some of the best savings rates on the market.
 

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2011-02-23 15:44:46 © Moneyextra.com