Barnsley launches new savings bonds duo

Barnsley Building Society is adding to its portfolio of fixed term savings products with two new bonds offering competitive returns.

A new one year bond is available online and by telephone, paying 3.41% gross/AER.

In addition, an 18 month bond paying 3.50% is available in Barnsley branches. This matures on 31st March 2013.

Barnsley Building Society Group Savings Product Manager Sarah Lawrence said there continued to be strong demand for short term savings products.

"With so much economic uncertainty at the moment people are looking for the best savings rates but may not want to tie their money up for a longer period," said Sarah.

"The two new Barnsley savings bonds offer investors competitive rates as well as a choice of how they can manage their savings."

The minimum deposit to open either bond is £1,000 and up to £2,000,000 can be invested. Both types of bond offer a monthly interest option for investors who rely on their savings for income.

The online and telephone bond matures on 30th November 2012. To find out more, visit barnsley-bs.co.uk.