New Nottingham BS bond secures top 10 place | Product News - Moneyfacts

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New Nottingham BS bond secures top 10 place

New Nottingham BS bond secures top 10 place

Category: Savings
Date: 15/09/2014

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 It is now over 6 months old so the content may be out of date.

Nottingham Building Society has added a new 14-month bond to its savings offerings and has grabbed a place among the top 10 in the Moneyfacts charts.

The basics…

Fixed Rate Savings Issue 140 pays an annual rate of 1.85% until 30.11.15.

The finer details…

This account can be managed in branch with an initial deposit of £500. Further additions can be made until 31.10.14, but early access to funds is not possible, so investors must be comfortable with locking away their funds for the full 14-month term.

Why we like it…

The bond offers a top 10 rate for its sector, which is sure to reel in investors looking for a competitive account. The option to make further additions for a limited period of time offers some welcome flexibility, although investors must be aware that they won't be able access their funds until the bond matures.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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