Cater Allen launches new fixed rate bonds

Cater Allen Private Bank this week launches two highly competitive fixed rate savings bonds offering customers a guaranteed long-term return on their savings. These new bonds pay up to 4.11% AER, depending on the level of investment made and are available from today.

The Cater Allen two and three year bonds are available to deposits over £5,000.

Sally Ann Watts, Head of Banking Products at Cater Allen Private Bank said: "For anyone looking to lock into a fixed rate for a guaranteed return on their savings, these new rates offer a very competitive deal that would beat most high street banks. Not only are the products highly accessible with a minimum deposit of just £5,000 but they also offer security from the backing and strength from the world's most profitable bank, Santander."

Customers can apply for the bonds either by visiting caterallen.co.uk