Fixed rate savings bonds paying up to 4.10 per cent

From tomorrow, Wednesday 6 January, Abbey and Alliance & Leicester kick start the New Year with a new range of competitive Fixed Rate Bonds paying up to 4.10 per cent gross/AER, available to both new and existing customers.

Reza Attar-Zadeh, Director of Savings and Investments, said: "These bonds could be ideal for those savers looking for a guaranteed fixed income, knowing exactly what return they will receive.   With rates of up to 4.10 per cent available, this latest range offers competitive returns.  However, rates are available for a limited time only and may be withdrawn without notice, so we would encourage people to open one without delay".

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

The existing range of fixed rate bonds will be withdrawn from sale which includes eBonds offered by Bradford & Bingley.  The new range of fixed rate bonds will be offered by Abbey and Alliance & Leicester, all part of the Santander Group.

From 11 January 2010, Abbey and the Bradford & Bingley savings business will be rebranding to Santander.