Santander launches new 2 year fixed rate bond

Published: 23 October 2009 By MoneyHighStreet Staff Leave a Comment

Santander has lanched a new 2 year fixed rate savings bond available via Abbey, Alliance & Leicester and Bradford & Bingley Savings.

Fixed rate savings bondThe new fixed rate savings bond is available to both new and existing customers.

The minimum investment is £10,000 and the maximum £2 million.

The interest on this new savings bond is 4% gross/AER fixed for 2 years.

If the savings bond is closed early than the 2 year term, there’s a 120 day loss of interest on the amount withdrawn.

Available only for a limited period of time, the bond can be applied for by visiting any of the Abbey, Alliance & Leicester or Bradford & Bingley branches, visting the Abbey website or contacting Abbey by phone.

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