N&P increases fixed savings rates
www.moneynews.co.uk > Banking > N&P increases fixed savings rates
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Money News |
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N&P increases fixed savings rates
Tue 15th Aug 2006
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A minimum investment of £1,000 is required to take out a fixed rate bond and withdrawals can be made without a notice period provided at least £1,000 remains in the bond.
Although only one investment can be made in each bond, more than one bond can be opened by any one customer.
Interest can be paid monthly or on maturity of the six-month and one-year bonds and interest is paid monthly or annually on January 1st on the two, three and five-year bonds.
Loyalty bonds are available to customers who have had an account with N&P for the last four years or more.
On maturity of the bonds, funds will be transferred into N&P's Elite Interest Account.
Fixed rate mini cash ISAs require no additional deposits and require a minimum and maximum investment of £3,000 in a tax year.
Withdrawals can be made at any branch or by post with the loss of 120 days interest during the fixed period.
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