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.

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