Fixed rate bonds fly high at Santander - Savings - News - Moneyfacts

News

Fixed rate bonds fly high at Santander

Fixed rate bonds fly high at Santander

Category: Savings

Updated: 14/03/2011
First Published: 14/03/2011

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 It is now over 6 months old so the content may be out of date.

Santander has improved the rates on its short term fixed rate bonds.

Its One Year Fixed Rate Bond now pays 3.20% yearly (3.15% monthly) on investments over £25K, and 3.00% yearly (2.96% monthly) on anything less.

Meanwhile, its Two Year Fixed Rate Bond pays slightly more, rewarding those with at least £25K to invest with 3.70% yearly (3.64% monthly), and those will anything less 3.50% yearly (3.45% monthly).

Both bonds require a minimum investment of £1, while additional investments are not allowed.

As with many fixed rate bonds, early access to funds is not allowed.

With the rates available on both bonds riding high over their respective terms, Santander has been awarded four out of five Moneyfacts stars.

Find the best savings rates for you - Compare savings accounts


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 Any products featured may be withdrawn by their provider or changed at any time.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

Savings being used as a festive financial buffer

Good news from RCI Bank UK – its latest research shows that many of us are saving more than we were a year ago, but the question is, will you be dipping into that buffer to cover the cost of Christmas?

6 of the best easy access savings accounts

Easy-access savings accounts are as simple as they sound – they allow you to access your money whenever you need it, without having to give advance notice, and they also allow you to pay into them at any time. Here are six of the best.

Start saving for Christmas… 2017!

Christmas is just around the corner and our annual festive splurging is starting to step up, but are you prepared? It may be too late to start saving for this year’s festive spend, but it’s never too early to start for next year’s!
 
Close