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West Brom BS spins a web of savings gold

West Brom BS spins a web of savings gold

Category: Savings

Updated: 17/03/2011
First Published: 16/03/2011

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 It is now over 6 months old so the content may be out of date.

West Brom BS has spun a web of savings gold with its new four year internet operated account.

The WeBSave 4 Year Fixed Bond matures on 30 March 2015 and offers savers a rate of 4.31% (4.23% monthly) on a minimum investment of £1K. No earlier access or additions are permitted.

The launch of this new bond expands the fixed rate portfolio of West Brom BS. At 4.31%, it is a market leader in the four year field and offers investors good long term options.

Although there is no flexibility offered for additions or withdrawals, this is common with fixed rate bonds. The monthly option at the slightly lower rate of 4.23% will attract those investors searching for an income from their investments.

Four out of five Moneyfacts stars are deserved.

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