Abbey launches new issue of Base Rate Tracker Term Account

Abbey International has launched a new issue of its Base Rate Tracker Term Account (Issue 10) as part of its range of deposit accounts.

The one-year sterling account offers a variable bonus starting at 0.3% over and above UK Base Rate over the 12 months of the account’s life until 05 May 2010.

Interest rates are:

05 May 2009 - 31 August 2009, UK Base Rate plus 0.30 per cent

01 September 2009 - 31 December 2009, UK Base Rate plus 0.10 per cent

1 January 2010 – 05 May 2010, UK Base Rate.

The variable rate account offers a capital guarantee, meaning that clients will always receive back their initial capital deposit. The Base Rate Tracker Term Account - Issue 10 is only available in sterling, with a minimum balance of £10,000.

For further information on banking with Abbey International, visit abbeyinternational.com