E-bond from Yorkshire BS enters charts | Product News - Moneyfacts

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E-bond from Yorkshire BS enters charts

E-bond from Yorkshire BS enters charts

Category: Savings
Date: 20/10/2014

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 It is now over 6 months old so the content may be out of date.

Yorkshire Building Society has released a new one-year e-bond that has headed straight into the Moneyfacts charts.

The basics…

Fixed Rate E-Bond will be available from 22.10.2014 and pays a competitive rate of 1.90% yearly until 31.3.16.

The finer details…

This internet-operated account needs an initial investment of just £1,000. While no early access is permitted, further additions can be made while the issue is open.

For investors who would prefer to manage the bond via other methods, an alternative version of the bond is available that can be operated either in branch or by post.

Barnsley Building Society, Norwich & Peterborough Building Society and Chelsea Building Society are also offering the bond.

Why we like it…

This new e-bond offers an enticing and competitive rate, which has helped it to secure a place among the top 10 market-leaders for its sector. Although no early access to funds is allowed, further additions can be made while the issue is open, which offers investors some welcome flexibility.

Four Moneyfacts Stars have been awarded.

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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

 
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