Bradford & Bingley launches two-year fixed term bond

Bradford & Bingley has launched a two-year fixed term bond with a best-buy annual interest rate of 6.00% p.a. gross/AER.

The limited edition bond, available to savers with a minimum deposit of £1000, can be opened online as an e-bond by going to bradford-bingley.co.uk, or as a certificate-based bond through a local branch or by telephoning 0845 600 8885.

A monthly interest rate of 5.84% p.a. gross/AER is on offer for customers who want their interest to be credited on a more regular basis.

Investors looking for a shorter tie-in period for their savings can take advantage of our limited edition one-year fixed term bond with an annual interest rate of 5.80% p.a. gross/AER and a monthly interest rate of 5.65% p.a. gross/AER.

The one-year bond, which also requires a minimum deposit of £1000, can be opened online as an e-bond, or as a certificate-based bond through a local branch or by telephoning 0845 600 8885.

Ian Cornelius, director of savings at Bradford & Bingley, said: “Our highly competitive fixed term bonds offer customers a great way to make the most of their savings, secure in the knowledge the interest rate will be fixed for the term of the bond.

“The fact the same great rates are available to both our online and branch customers means customers have the flexibility to invest their money in a way that suits them best.”