Santander launches competitive Tracker Bond

Santander has launched a new Tracker Bond that offers some of the best savings interest rates available.

From today April 11th, new and existing customers will be able to earn a competitive variable rate of 3.10 per cent AER on savings of up to £2 million.

The account, which matures after a period of 12 months, will track at 2.60 per cent over the Bank of England base rate.

Customers seeking the best savings interest rates around need to invest a minimum of £10,000 to open the account.

"With continued speculation that interest rates will start increasing soon, this account offers both competitive returns and peace of mind for those savers wishing to take advantage of any rise in the base rate," said Reza Attar-Zadeh, director of savings and investments at Santander.

BM Savings recently reported that savers who eat a balanced diet have suffered less from the increase in inflation than those who eat solely fatty or healthy foods.
 

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2011-04-11 15:08:32 © Moneyextra.com