Market-leading bond from Newcastle BS | Product News - Moneyfacts

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Market-leading bond from Newcastle BS

Market-leading bond from Newcastle BS

Category: Savings
Date: 14/05/2014

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 It is now over 6 months old so the content may be out of date.

Newcastle BS has launched a new seven-year bond paying a market-leading rate of interest.

The basics...

New 7 Year Fixed Rate Bond pays 3.50% yearly, with a monthly option of 3.44%, until 30.6.21.

The finer details…

The account can be opened and operated in branch, by post or online with a minimum investment of £500.

Further additions are permitted while the issue remains open and as an added benefit the account allows penalty-free withdrawals of up to 25% of the capital investment, however after which no further withdrawals can be made.

Why we like it…

Paying a competitive rate of interest and with the flexibility to get hold of a quarter of the initial investment, this account sits at the top of the Moneyfacts best buys in its sector.

Four Moneyfacts Stars have been awarded.

What Next?


Choose a 3 year+ fixed rate ISA

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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