2 year fixed rate bond paying 4.01% back by popular demand

Today, Abbey, Bradford & Bingley Savings and Alliance & Leicester re-launch a new two year fixed rate bond paying a highly competitive 4.01 per cent AER gross pa.

Available to both new and existing customers bringing new money to the Santander group, savers can deposit from £30,000 to £2 million, and must be happy to leave their money untouched for the term. This is a limited offer and will be subject to availability so savers should act quickly to take advantage of this great rate.

Reza Attar-Zadeh, Director of Savings and Investments said "With interest rates at an all time low, it's clear savers have to work harder to make the most of their money. Our new 2 year fixed rate bond offers both new and existing customers a great rate which is more than 3.5 per cent higher than the current Bank of England base rate. In addition the new bond offers a highly competitive monthly income option for anyone looking for a regular income. All this and the safety and security of the backing of one of the worlds largest banks, Santander, should give savers all round peace of mind.

Reza Attar-Zadeh continues "This new bond compliments our existing range of fixed rate savings which includes the Fixed Rate Monthly Saver account, a regular savings account paying 4 per cent for savings between £20 and £250 a month, and our one year fixed rate bond from Abbey and Bradford & Bingley paying up to 3.50 per cent.”