Abbey issues one year savings bond

Abbey Savings has announced the launch of one-year term savings accounts for their customers looking for a guaranteed return on an amount of money they can lock away for a year.

This is a limited offer so customers should act now to take advantage of this great rate. New and existing customers can apply for the one year Bond either by visiting their local branch or telephoning the customer sales line on 0800 234 6065. This market-leading Bond will be available until 31 December 2007 and will mature on 1 January 2009.

Reza Attar-Zadeh, Head of Savings and Investments at Abbey, said “This is an exciting time for savers with highly competitive rates in the market. Abbey, backed by the largest bank in the Eurozone, continues to demonstrate its commitment to offering savers great rates with its Super range and now this seven per cent bond. Whilst there are other good savings rates in the market, most are from smaller building societies.”

Abbey is backed by the Santander Group, one of the largest and best capitalised banks in the world and the largest bank by market capitalisation in the Eurozone. Santander is the tenth largest bank in the world by tier one capital.