Cheshire, Derbyshire and Dunfermline increase bond rates
From today, 3 August 2012, Cheshire, Derbyshire and Dunfermline Building Societies, part of the Nationwide Group, are increasing selected bond rates by up to 0.20% and launching new two and three-year fixed rate bonds for maturing customers.
Cheshire Building Society
The new issues being launched are:
Six-month Fixed Rate Bond paying between 2.01% and 2.26% AER (2.00% and 2.25% gross p.a.)
One-year Fixed Rate Bond paying between 2.45% and 2.70% gross p.a./AER
Two-year Fixed Rate Bond paying between 2.65% and 2.90% gross p.a./AER (for maturing Fixed Rate Bond customers only)
Three-year Fixed Rate Bond paying between 2.85% and 3.00% gross p.a./AER (for maturing Fixed Rate Bond customers only)
Previous issues were withdrawn from sale at the close of business on Thursday 2 August 2012.
Derbyshire Building Society
The new issues being launched are:
Fixed Rate Bond Issue 251 paying between 2.01% and 2.26% AER (2.00% and 2.25% gross p.a.)
Fixed Rate Bond Issue 252 paying between 2.45% and 2.70% gross p.a./AER
Fixed Rate Bond Issue 253 paying between 2.65% and 2.90% gross p.a./AER (for maturing Fixed Rate Bond customers only)
Fixed Rate Bond Issue 254 paying between 2.85% and 3.00% gross p.a./AER (for maturing Fixed Rate Bond customers only)
Previous issues were withdrawn from sale at the close of business on Thursday 2 August 2012.
Dunfermline Building Society
The new issues being launched are:
Fixed Rate Bond Issue 124 paying between 2.01% and 2.26% AER (2.00% and 2.25% gross p.a.)
Fixed Rate Bond Issue 125 paying between 2.45% and 2.70% gross p.a./AER
Fixed Rate Bond Issue 126 paying between 2.65% and 2.90% gross p.a./AER (for maturing Fixed Rate Bond customers only)
Fixed Rate Bond Issue 127 paying between 2.85% and 3.00% gross p.a./AER (for maturing Fixed Rate Bond customers only)
Previous issues were withdrawn from sale at the close of business on Thursday 2 August 2012.
All accounts must be opened with a minimum of £100. The rate paid on all of the above Bonds depends on the balance of the account. All the rates noted are for annual interest. Monthly interest options are also available on the Fixed Rate Bonds.
Darren Bailey, head of savings pricing at the Cheshire, Derbyshire and Dunfermline Building Societies, said: "The interest rate increases on our six-month and one-year products is good news for savers who are looking to make the most of their savings. In the current climate, it is important to cater for a variety of savings needs, which is why the Cheshire, Dunfermline and Derbyshire Building Societies offer a range of Fixed Rate Bonds over a variety of terms from six-months to three-years."