Santander's UK savings brands new two year fixed rate bond

From today, Thursday 22 October, Abbey, Alliance & Leicester and Bradford & Bingley Savings are launching a new two year fixed rate bond paying a highly competitive 4.00 per cent gross/AER.

This is available to both new and existing customers with a deposit of between £10,000 up to £2 million.

The Bond is designed for people who are happy to leave their money untouched for the full term. Early closure of the account is permitted subject to 120 days' loss of interest on the amount withdrawn.

This new fixed rate account is available for a limited time only and may be withdrawn without notice, so we would encourage people to open one without delay.

Available from all of our 1,300 branches countrywide and with the backing of Santander, as one of the world's largest banks, savers have peace of mind and confidence when saving with us.

Customers can apply for the fixed rate bonds either by visiting any local branch of Abbey, Alliance & Leicester and Bradford & Bingley, by visiting abbey.com and bradford-bingley.co.uk.