A&L International offshore bonds waltz to the top - Offshore savings - News | moneyfacts.co.uk

News

Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

A&L International offshore bonds waltz to the top

A&L International offshore bonds waltz to the top

Category: Offshore savings

Updated: 18/09/2009
First Published: 16/09/2009

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Alliance & Leicester International has foxtrotted towards the top of the offshore savings market with the launch of a new range of offshore fixed rate bonds.,/P>

With Strictly Come Dancing's Bruce Forsyth having to take a pay cut on the chin, the entertainer extraordinaire might consider making up some of the shortfall by turning to these bonds.

The six month and the two year fixed rate bond are both amongst the market leaders in their fields, paying 3.25% and 4.00% respectively.

A minimum of £25K is needed for investment in the six month bond, while a post-pay cut friendly level of £10K is needed for the two year version.

Neither bond allows further additions or early access, making it essential you work out at the start exactly what you can afford to stash away for the given term.

While wishing we could give the bonds a hearty, Len Goodman-esque "Seven!", four out five Moneyfacts stars will have to suffice.

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Close