Santander’s fixed rate savings bonds offer rates up to 3.70%

For savers keen to get a guaranteed return, Santander's new range of fixed rate bonds is launching tomorrow, Friday 2 March and includes a two year fixed rate paying up to a competitive 3.70 per cent gross AER.

Customers can apply for the fixed rate bonds by visiting santander.co.uk. Customers must be happy to lock their money away for the full term as early closure or withdrawals are not permitted until maturity.

For savers who want the opportunity of improved returns should interest rates start to rise, Santander's one year Tracker Bond offers a competitive return that tracks the Bank of England base rate.

Matt Hall, Head of Savings at Santander:  "We recognise that in the current interest rate environment savers are searching for competitive fixed rates and our latest two year bond offers them just that with rates of up to 3.70 per cent. Customers wishing to take advantage should act now to secure these rates as they are a limited offer."