New issue of Super Bond launched by Santander - Savings - News - Moneyfacts

News

New issue of Super Bond launched by Santander

New issue of Super Bond launched by Santander

Category: Savings

Updated: 08/03/2010
First Published: 05/03/2010

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 It is now over 6 months old so the content may be out of date.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 launched another issue of its popular Super Bond account, paying the same rate as its predecessor.

It is a fixed term branch based account maturing 1.3.11 with a minimum investment of £1 paying 5.00% yearly (4.89% monthly), £250K - 6.00% (5.84%). No further additions are allowed, but earlier access permitted on closure only without penalty.

Savers must invest an equal amount or more in any qualifying Santander Asset Management product (Premium & Portfolio investments as well as capital guaranteed investment) at the same time. They must hold or open an instant access savings account in order to allow transactions.

The Super Bond is also available at branches of Alliance & Leicester.

It is pleasing to see this new issue paying the same competitive rates of up to 6.00%, but clients must be certain they can commit equal funds to a qualifying investment product.

Four out of five Moneyfacts stars have been awarded.

Find the best savings account for you take a look at our best seller savings accounts or compare short term fixed rate bonds or how about medium term fixed rate bonds

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 Any products featured may be withdrawn by their provider or changed at any time.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