Newcastle Building Society launches fixed rate e-bond
Jennifer Lowe | Latest investment news, 08 April 2009
Newcastle Building Society has launched a Fixed Rate E-Bond offering up to 4.11 per cent gross/AER over three years.
The e-bond also offers a monthly interest option at 4.01 per cent gross/4.08 per cent AER.
Savers are able to invest up to £250,000 in the account, which is available now via Newcastle Building Society’s website.
Steve Urwin, senior marketing executive at Newcastle Building Society, says, ‘The account will give savers the opportunity to operate their account at their convenience, while watching their savings achieve a return of up to 4.11 per cent gross/AER on an annual or monthly basis, with a guarantee that the rate will remain unchanged until maturity.
‘The Fixed Rate Bond is ideal for those looking to invest their money with the benefits of a building society account while also receiving a “best buy” rate.’
The bond has a minimum investment of £5,000 and a maturity date of 1 May 2012. For more information customers should visit www.newcastle.co.uk.
Further reading:
Santander's savings brands launch fixed-rate bonds
Investec switches focus of bond fund
Advertisement
Spread Trading. New from Halifax Share Dealing
£100 credit when you open five trades within 60 days – terms apply. Spread Trading is not for everyone please ensure you understand the risks as you may lose more than your initial deposit. Click here for more information.
The TaxGuide.co.uk has a wealth of tips and advice from working out your tax bill, through to the latest personal tax rules. Get your personal tax tips today.
FREE Report: Inside Investment Trusts
Written by the team behind What Investment, this exclusive FREE report covers:
- Why Investment Trusts are better than Unit Trusts
- How new legislation is broadening the appeal of Investment Trusts
- Where to look for buying opportunities
- Why now is the time to buy Investment Trusts
- The Investment Trusts to invest in at the moment


Comments
Please register or login to comment on this article.