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Newcastle launches new fixed rate bonds

Newcastle launches new fixed rate bonds

Category: Savings

Updated: 27/04/2009
First Published: 27/04/2009

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 It is now over 6 months old so the content may be out of date.
Newcastle BS has launched a pair of new fixed rate bonds that are likely to tempt consumers who prefer to carry out their banking online.

Its fixed rate E-Bond (Issue 2) is a fixed term internet operated account maturing on 25.5.10, paying a yearly rate of 3.61% (3.30% monthly) on a minimum investment of £5K.

The E-Bond (Issue 3) is also a fixed term internet operated account. Maturing on 24.5.11, it pays a yearly rate of 4.11% (3.80% monthly) on a minimum investment of £5K. With both products, no early access is permitted, although additions can be made whilst the issue remains open.

Both E-Bonds from Newcastle BS have been awarded four out of five Moneyfacts stars.

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 Any products featured may be withdrawn by their provider or changed at any time.

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