New nine-month bond enters the top 10 | Product News - Moneyfacts

Product News

New nine-month bond enters the top 10

New nine-month bond enters the top 10

Category: Savings
Date: 11/09/2014

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 It is now over 6 months old so the content may be out of date.

National Counties Building Society has re-entered the fixed rate market with a competitive nine-month account, which sees it strike into the top 10 of the Moneyfacts chart for its sector.

The basics…

53rd Issue Savings Bond pays 1.90% upon maturity, or 1.89% per month should you prefer to have a regular income.

The finer details…

This account can be managed online, by post or in branch with an initial investment of at least £10,000.

Like many fixed rate accounts, early access is not permitted. Further additions are also not allowed, so investors must make sure that they are happy with the amount invested and the nine-month term.

Why we like it…

The attractive rate and short-term nature of this bond are bound to appeal to investors. Although a large initial investment is required and there is no early access facility available, investors keen to make a profit are likely to still be tempted by this competitive offer.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
Close