Barnsley savings bonds paying up to 5.4%

Barnsley Building Society has launched a range of market leading fixed rate bonds and e-bonds. All the new bonds are available to new and existing customers and offer a monthly interest option for those who rely on their savings for income.

The bonds can be opened at any Barnsley Building Society branch and the e-bonds can be opened online using the Society's paperless application process. The minimum deposit is just £100, ensuring all savers can have access to these fantastic rates. The maximum investment permitted is £500,000.

Sarah Lawrence, from Barnsley Building Society said: "These new products offer market leading rates which will appeal to savers looking for a great return on their investment. According to the Bank of England website, the average fixed rate available on savings accounts over the last five years has been 4.75%, so a guaranteed rate of at least 5.00% for the next three years will be an excellent choice for many savers, particularly those who rely on their savings interest to boost their income.

"These new products are only available for a limited period and I would therefore urge savers to act quickly as we expect great demand for these rates."

For more information, visit barnsley-bs.co.uk