Abbey International launches Fixed Rate Deposit paying 3.60%

Abbey International has launched a new Limited Offer 18 month Fixed Rate Deposit contract paying 3.60% gross/3.57% AER. The new fixed rate sterling-only account complements its popular 12 and 9 month fixed rate sterling contract options. As a limited offer, the 18 month Fixed Rate contract can be withdrawn at any time, so savers are urged to act quickly if they wish to take advantage of this attractive rate.

The minimum opening balance is £100,000, with the account designed exclusively for funds which are new to Abbey International. Interest is paid upon maturity at the end of the 18 month term.

Jane Matthews, Head of Client Experience at Abbey International, said: “We are sensing a gradual return of confidence to the markets and an appetite for slightly longer term commitments. With an attractive rate of return, together with the backing that comes from being a part of the Santander Group, we believe the account will offer a popular combination.”

Abbey International is part of the highly regarded Santander Group, which has more than 150 years experience in banking and clients all over the world.

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