New fixed rate bond wins a chart place | Product News - Moneyfacts

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New fixed rate bond wins a chart place

New fixed rate bond wins a chart place

Category: Savings
Date: 15/06/2015

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 It is now over 6 months old so the content may be out of date.

Nottingham Building Society has launched a new fixed rate bond onto the market, earning a coveted place on the Moneyfacts charts thanks to its eye-catching rate and terms.

The basics…

The 40-month Fixed Rate Savings Issue 148 pays a fixed rate of 2.30% yearly until 30.9.18, allowing it to move into a comfortable place on the charts.

The finer details…

This branch-based account requires a minimum investment of £500. Further additions can be made while the issue remains open, but early access to funds is not permitted. Savers must therefore be happy to lock their money away for the full length of the term.

Why we like it…

This newcomer onto the market possesses an attractive rate, which is sure to pique the interest of eager borrowers. The fact that extra deposits are allowed while the issue remains open offers a degree of flexibility, but savers must bear in mind that all the money they invest will be inaccessible until the bond reaches maturity.

Moneyfacts rating: Excellent

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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