New Fixed Rate Bonds From Santander

Santander has a new range of Fixed Rate Bonds with competitive interest rates up to 3.75% gross AER.

These new Fixed Rate Bonds have terms of 1 year, 18 months or 2 years and you can save as little as £1.

The maximum interest rate is payable on a 2 year fixed rate bond with £25,000.

Reza Attar-Zadeh, Director of Savings and Investments at Santander, said “Our latest range of Fixed Rate Bonds now pays up to 3.75 per cent on our new £25,000 tier, so the more you save the more interest you earn.

With terms of one year, 18 months and two years available savers can choice a term that suits their needs knowing exactly what income they will receive from the outset. ”

The bonds are a limited offer and only available whilst stocks last.

Santander also have a 1 Year Fixed Rate Savings Bond which is available to new and existing Santander customers who are transferring or paying in funds not currently held within the Santander Group (including Santander, Alliance & Leicester, BRadford & Bingley, Cater Allen and cahoot).

This matures on 1 July 2011 and pays up to 3.01% gross/AER fixed.

You can apply for these savings accounts via a local Santander branch, by telephone or online on the Santander website.