Alliance & Leicester launches 18 month bond - Offshore savings - News - Moneyfacts


Alliance & Leicester launches 18 month bond

Alliance & Leicester launches 18 month bond

Category: Offshore savings

Updated: 03/09/2012
First Published: 03/09/2012

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 It is now over 6 months old so the content may be out of date.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 reviewed its fixed rate portfolio, with the new 18 month bond the pick of the bunch.

The basics…

the 18 Month Offshore Fixed Rate Bond pays 3.53% on maturity (31.3.2014) to savers who invest a minimum of £5,000.

The finer details….

As is the case with most fixed rate bonds, early withdrawals of funds or further additions is not allowed.

Why we like it…

This new fixed rate offshore savings account offers a highly competitive alternative to straightforward one and two-year bonds. As such it has been awarded 4 out of 5 Moneyfacts stars.

What next?

Compare the Best Offshore Fixed Rate Bonds

Offshore Savings Guide: How to save money with offshore savings

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 Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

International money transfer – points to remember

International money transfer can be vital to the success of your work or home life abroad, but if you don’t go about it the right way, you could spend far more than you need to. So, we’ve outlined a few points to remember.

How to be savings savvy as an expat

If you’ve decided to take the plunge and start a new life abroad, there’s one key thing you need to do – make sure your finances are in order.

Expats suffering from low savings rates

If you thought savings rates onshore were bad, spare a thought for expats living elsewhere – because their rates are even worse.