Skipton launches new competitive 1-yr e-bond

Skipton Building Society has launched a new e-bond offering 3.05 per cent per annum AER.

The new bond issue, which will replace the previous bond issue, offers customers investing between £500 and £1 million its best savings rates.

Skipton has launched the new bond to complement the Society's varied range of savings accounts on offer.

Louise Penfield, senior product manager for savings at Skipton, said: "This is the third e-bond of its kind that we have launched in recent weeks. Each previous product has proved incredibly popular, selling out in a matter of days."

She believes that the popularity of the bonds demonstrates the current urgency among UK savers to achieve decent value on their investments.

The new bond issue further reinforces Skipton's commitment to offering its customers consistent, long term good value products which are transparent and without catches.

Skipton recently launched its My Savings goal based savings range, a telephone saver account and an ISA range which offers rates of up to four per cent.
 

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2010-11-19 15:07:52 © Moneyextra.com