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Santander launches latest range of fixed rate savings bonds

3rd February 2011 Print

Santander has launched its latest range of fixed rate bonds which includes a highly competitive three year fixed rate paying 4.01 per cent.

And for those savers not looking to lock in to a fixed rate, Santander's one year Loyalty Tracker Bonds offer competitive returns that track the Bank of England base rate for Santander current account, mortgage or investment customers.

Reza Attar-Zadeh, Director of Savings and Investments at Santander:  "With continued speculation that the Bank of England base rate will rise this year, for savers looking to take advantage our Loyalty Tracker Bond could be ideal.  For customers that hold or switch a current account, mortgage or investment with Santander, the Loyalty Tracker Bond tracks any changes in the Bank of England base rate for 12 months.

For those looking for a fixed income however our fantastic new three year fixed rate offers savers a competitive 4.01 per cent, currently 3.51 per cent over the Bank of England base rate.  So should interest rates look set to rise savers can be safe in the knowledge they're getting a very competitive return.

As always, bonds are a limited offer, so customers wishing to take advantage should act now to secure these rates."

Customers can apply for the fixed rate bonds, by visiting santander.co.uk.