Fixed rate bond - Newcastle goes postal

Newcastle Building Society has announced the launch of its new limited issue postal bond - the bond, running through August 28th 2009, paying a fixed rate of 6.8% gross/AER on a minimum investment of £5,000 (maximum £500,000).

Meanwhile, customers will be allowed access to up to 25% of the invested amount at any time, without notice or loss of interest.

Transfers aren't allowed from existing accounts held with the Society. However, further additions are permitted.

25 June 2008 © Moneyextra.com

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