Bradford & Bingley bonds 'offer saving incentives'
www.moneynews.co.uk > Banking > Bradford & Bingley bonds 'offer saving incentives'
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Bradford & Bingley bonds 'offer saving incentives'
Tue 11th Dec 2007
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The Bradford & Bingley bond, which matures on February 11th 2009, is meant to reward committed savers, the bank said.
A monthly interest rate option is available for those who would like their interest credited more frequently. The bond requires a minimum deposit of £1,000 and has a maximum of £2,000,000.
Paul Whitlock, head of savings at Bradford & Bingley, commented: "Our fixed-rate bonds offer headline rates that shrewd savers will find hard to resist.
"They provide great value to canny investors who want to take advantage of attractive savings rates with the added security of guaranteed returns."
Earlier this month, the bank introduced a six-month bond for savers.
Research from Bradford & Bingley has indicated that 65 per cent consider themselves savers - and half of this group classify themselves as "committed" to always having money when they need it.
Related News : Banking |
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Related News : Bradford and Bingley |
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