New competitive 3 year fixed rate bond from NatWest & RBS

NatWest and RBS have introduced an attractive 3 year escalator fixed rate bond, which is currently the best on the market with rates up to 5.00% AER.

The bond has a minimum balance requirement of £5,000 with no maximum subscription and the interest rate start date for the three year term is 29 May 2009, maturing 29 May 2012. Customers can opt to have interest paid either annually or monthly.

Carol Sleith, Head of Savings said: "In the current climate, many customers are looking for the best way to get a guaranteed return on their money. Our new 3 year bond offers very competitive fixed rates to give customers the peace of mind that their money is secure and working hard for them. Savers who may require a bit of extra cash can opt to have their interest paid monthly back into their NatWest or RBS current or savings account."

For more information, visit rbs.co.uk or natwest.co.uk