N&P savings accounts 'a great opportunity for consumers'
www.moneynews.co.uk > Banking > N&P savings accounts 'a great opportunity for consumers'
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N&P savings accounts 'a great opportunity for consumers'
Fri 3rd Dec 2010
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Gary Lacey, savings product manager at the organisation, suggested the six-month and one-year fixed rate ebonds from the company could boost the return on capital, particularly since the interest rates on the propositions have been increased.
The one-year product offers a return of 3.15 per cent, while the six-month equivalent delivers interest of 2.55 per cent.
In his opinion, the products could suit those people who want to ensure that they have plenty of money to spend next Christmas.
Mr Lacey said: "This is also a great opportunity for savvy savers who might be looking to earn some extra cash in time for their summer holidays."
Last month, the company announced that it is offering commission-free share dealing until the end of 2010, which it claimed could be perfect for investors keen to try such transactions.
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