One year fixed rate bond from West Brom pays 3.55%

Building society the West Brom is offering a new one year bond that pays savers a market leading rate of 3.55% gross p.a. / AER fixed until 30 September 2012.

The E Bond 42 is available to new and existing West Brom customers from Friday, 12 August 2011, exclusively through the Society’s website at westbrom.co.uk.

It is for balances of £1,000 and over up to a maximum of £250,000. Interest can be paid away monthly or in full on maturity.

Stephen Leonard, the West Brom’s Divisional Director for Marketing and E-Commerce, said: “We expect strong demand for this latest fixed rate savings product, which offers savers a market interest leading rate of 3.55% and a guaranteed return at the end of its one year term.”

For more information, visit westbrom.co.uk.