Bradford & Bingley eBond set to be launched

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Bradford & Bingley eBond set to be launched

A new Bradford & Bingley eBond, which the bank claims is a market leader, is scheduled to be launched.

There is a minimum deposit of £1,000 required for the new Bradford & Bingley eBond and the balance can reach as much as £2,000,000.

Interest is paid exactly one year from when the account was opened and customers have the choice of having it credited or paid out. Monthly interest payments are also available.

Head of savings at Bradford & Bingley Paul Whitlock said that customers who are seeking "a market-leading home for their money" may be attracted to the eBond offer.

It is both convenient and flexible, he stated, adding: "The account is only available for a limited time so customers should take advantage of this great rate before it's too late."

Previous research by Bradford & Bingley reveals that 65 per cent of UK consumers think of themselves as savers.
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