Chelsea BS has launched two new internet bonds that should attract investors looking to tie their money up in the medium or short term.
The three year Fixed Rate E-Bond is a fixed term internet-operated account maturing 31.8.14, with a minimum investment of £1K paying 4.15% yearly (4.07% monthly).
The five year Fixed Rate E-Bond is a fixed term internet-operated account maturing 31.8.16, with a minimum investment of £1K paying 4.85% yearly (4.75% monthly).
On both account: no earlier access is permitted, but additions are allowed whilst the issues remains open.
Chelsea BS has complimented its range with the launch of new fixed rate internet operated bonds for three and five years, which are both very competitive.
The five year option paying 4.85% is particularly good and is top rate within its sector.
The three year option sits just below the market leader but is nevertheless a top ten product.
Four out of five Moneyfacts stars have been awarded.
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