NatWest launches new limited edition Fixed Rate Bond

NatWest has launched a new Limited Edition one-year Fixed Rate Bond at 5.25% for savers looking for a guaranteed rate over the next twelve months.

The new limited edition bond is aimed at those looking for a fixed rate of interest and have their capital guaranteed. It has a rate of 5.25%, interest paid at maturity, and a minimum investment of £1,000 that must be kept for the full one-year term with no withdrawals made. The maximum balance is £25,000 and like previous versions of the bond, this is a limited edition offer.

Colin Haddley, Product Director for Savings at NatWest, said: “This new bond follows the overwhelming popularity of two similar bonds last year. NatWest’s savings range is tailored to meet the varying needs of our customers and for people who are looking to put their money away for longer with a guaranteed interest rate, this is a competitive option.”