Skipton launches attractive new e-bonds

Skipton Building Society has launched a new range of online bonds, offering a variety of competitive savings interest rates for customers.

The range of e-bonds offer rates from two per cent over six months to 4.10 per cent for savers investing over £50,000 for five years.

Once the term of the bond has expired, the bond will mature directly into an online account called My Loyalty Saver which offers the company's best savings rate of 2.25 per cent AER.

Head of products, Kris Brewster, said: "This range of e-bonds that we are launching are easy to use and offer competitive rates, ensuring that customers can make their money work harder for them."

Skipton has said that its new range of online bonds offer customers good value, transparent products with no catches at a time when making money work hard for consumers is vital.

When it comes to saving, Brits seemed to be motivated by three major factors, their homes, heirs and happiness, according to recent research from Skipton Building Society.
 

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2010-10-26 13:20:00 © Moneyextra.com