Barnsley Building Society fixed rate bonds 'open to all'

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Barnsley Building Society fixed rate bonds 'open to all'

Thu 14th Oct 2010

Almost anyone can take advantage of a new Barnsley Building Society fixed rate bond, it has been claimed by a source at the firm.

Senior savings product manager at the organisation Sarah Lawrence urged individuals to come forward quickly to take advantage of the new One Year Online Bond, which offers an annual return of 3.05 per cent.

"With only £100 minimum investment and the option to open the account online or through the telephone, our fixed rate bond is accessible to almost everyone," she said.

Ms Lawrence also hailed the interest rate offered on the product, highlighting how many economic experts are expecting the base rate to continue at its current low level well into 2011.

Barnsley Building Society revealed that a monthly interest option is available at 3.01 per cent.

Recently, the same organisation unveiled another savings product - the Fixed Rate Online Isa, which pays three per cent on balances invested.

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