Santander’s UK savings brands launch new fixed rate bonds

This week Abbey, Alliance & Leicester and Bradford & Bingley are launching new fixed-term savings accounts paying up to 4.15 per cent, available to both new and existing customers.

The bonds offer excellent value for customers looking for a fixed income, knowing exactly what return they will receive from the outset.

Fixed Rate Bonds

For customers who want a guaranteed rate of interest for a fixed period of time.

Customers can apply for the bonds either by visiting any local branch of Abbey, Alliance & Leicester and Bradford & Bingley, by visiting abbey.com and bradford-bingley.co.uk. These fixed rate accounts are available for a limited time only and be withdrawn without notice, so we would encourage people to open one without delay.

Reza Attar-Zadeh, Director of Savings and Investments, said: "Fixed rate savings are in demand as savers look for base rate beating returns - they offer security of capital and a fixed, guaranteed return. Our fixed rate accounts also offer monthly interest for those looking for a regular income from their savings.

"Santander UK is committed to offering competitive savings accounts to help people save and plan for their future. With the backing of Santander, the world's third largest bank by profit, savers have peace of mind and confidence when saving with us."