Principality’s Bond a fast mover - Savings - News - Moneyfacts


Principality’s Bond a fast mover

Principality’s Bond a fast mover

Category: Savings

Updated: 04/12/2008
First Published: 04/12/2008

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 It is now over 6 months old so the content may be out of date.

Savers looking for a short home for their money and an impressive interest rate need look no further than Principality Building Society's Six Month Fixed Rate Bond.

It pays a market leading rate of 5.76% and you'll need at least £1,000 that you can live without for the six month term. If needs must, the account can be closed early, but the loss of 90 days interest is a high price to pay.

Speed could be of the essence for interested applicants, as the attractive rate makes it a product that's unlikely to be on the market for long.

Check out our Savings Best Buy charts for the latest leading savings products available.

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 Any products featured may be withdrawn by their provider or changed at any time.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 rates plummet to fresh lows yet again

It’s becoming a recurring theme, and unfortunately, it’s showing no signs of stopping. Savings rates have plummeted to fresh lows once again as the impact of the base rate cut continues – and this month, product availability has followed.

Less than half of savings accounts beat inflation

Official figures show that inflation jumped up during September, with CPI rising to 1%. Not only does this mean that consumers may begin to feel the impact on their wallets, but there are now far fewer savings accounts that will beat inflation.

Number of savings accounts falls to record low

As if the continued drop in savings rates wasn’t bad enough, our latest research reveals another blow to already hard-pressed savers, with the number of accounts available having fallen to a record low.