Santander raises fixed rate bond roof - Savings - News - Moneyfacts


Santander raises fixed rate bond roof

Santander raises fixed rate bond roof

Category: Savings

Updated: 03/05/2011
First Published: 03/05/2011

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 It is now over 6 months old so the content may be out of date.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 increased the rates on certain fixed rate bonds to startling effect.

Now paying 3.35% yearly (3.30% monthly), the one year bond is highly competitive in the short term field.

Meanwhile, the return of 3.80% yearly (3.74% monthly) on offer from the two year option of the bond more than holds its own too.

As is typical of many fixed rate bonds, withdrawals are not allowed during the term, while additional investments are not permitted either.

Four out of five Moneyfacts stars are richly deserved.

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 Any products featured may be withdrawn by their provider or changed at any time.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

6 of the best monthly interest savings accounts

Monthly interest savings accounts pay interest on your savings each month – as opposed to yearly – and therefore allow you to take a regular income from your hard-earned cash.

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.