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New N&P online bond rate is one and only

New N&P online bond rate is one and only

Category: Savings

Updated: 01/08/2011
First Published: 18/07/2011

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 It is now over 6 months old so the content may be out of date.

Norwich & Peterborough BS has increased the rate of its one year online bond, taking it to the top of its class.

The 1-Year E-Bond's rate has been increased by 0.35% to 3.55%, with all other terms and conditions unchanged.

Whilst its predecessor was less attractive, the increase in rate now gives this top position within this sector.

No access to funds is permitted during the term so investors will need to be certain they can commit funds from the outset, although this should not be a problem on this short term bond.

Four out of five Moneyfacts stars have been awarded.

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