Northern Rock makes short term savings mark - Savings - News - Moneyfacts


Northern Rock makes short term savings mark

Northern Rock makes short term savings mark

Category: Savings

Updated: 22/10/2010
First Published: 22/10/2010

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Northern Rock is making its mark in the short term savings market.

The new issue of its E-Bond pays 3.05%, but you'll have to leave your funds untouched for 15 months (until 20 January 2012).

As a fixed term internet operated account, it is ideal for savers happy to conduct their financial affairs online.

However, early access to funds is not allowed, so it is essential that you can live without anything you have invested for the duration of the term.

With a rate that fares well against bonds of a similar ilk, this deal earns 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 Any products featured may be withdrawn by their provider or changed at any time.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!