Santander launches competitive bonds

Santander has launched a range of competitive fixed-rate bonds in order to give customers some of the best savings interest rates around.

Starting today March 15th, the bank will offer a highly-competitive rate of interest on its one, two and three year fixed bonds.

Increasing savings interest rates are available for customers who invest more money or for a longer period of time.

Customers are guaranteed a minimum return on their investment of 3.00 per cent AER, increasing to a maximum of 4.01 per cent AER.

Santander has also launched tracker bond, with competitive savings interest rates available to loyal customers.

Existing customers can invest a minimum of £10,000 for one year to qualify for a 3.15 per cent AER tracker bond, which will track 2.65 per cent over the Bank of England Base Rate until maturity.

Recently, Keith Churchouse, director of Churchouse Financial Planning, said that many people often overlook saving for later life and retirement. 

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2011-03-15 12:54:52 © Moneyextra.com