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N&P online bond boost

N&P online bond boost

Category: Savings

Updated: 27/05/2009
First Published: 27/05/2009

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Norwich & Peterborough BS has made further strides into the internet fixed rate market with the launch of its One Year E-Bond.

Paying 3.65% on maturity of a minimum £1K investment, the rate sits within the top five one year bonds on the market and should prove popular if you're an investor happy to use the internet.

Further additions are not permitted so you should look to invest as much as possible from the outset.

The ability to close the bond early adds a degree of flexibility, although there'll be a 50 days' loss of interest penalty.

A top rate means this product has been rewarded four out of five Moneyfacts stars.

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 Any products featured may be withdrawn by their provider or changed at any time.