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Capital Bonds

boybeck
Posts: 119 Forumite


Has anyone heard of such a thing as a Capital Bond?
Can you explain what it is?
Someone mentioned them to me but I've never heard of them.
Can you explain what it is?
Someone mentioned them to me but I've never heard of them.
0
Comments
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http://www.capitalbonds.co.uk/web/site/home/home.asp
They are a form of gift voucher that companies often give away as incentives for staff. You can use them in HMV, Boots, Argos and Debenhams to name a few.0 -
or is it this one , from national savings website
"
At a glance
Fixed rates that rise over five years
Our Capital Bonds are an easy way to get a guaranteed return on your money over five years. Simply invest an amount that suits you and you'll earn interest at fixed rates that rise each year.
Why choose this product? If you want guaranteed rates of interest so you know exactly how much you’ll get at the end
Who can invest? Anyone aged 7 or over; can also be bought on behalf of under 7s
Minimum purchase £100
Maximum £1 million in total
Investment term 5 years
Interest rates Guaranteed rates that rise over five years
Tax status Taxable, paid gross
"
http://www.nsandi.com/products/cb/index.jsp0 -
As you can see Capital bond can be a marketing name used by a number of providers for different things. I believe there are a couple more examples that could be given by different providers.
Each case means something different and could range from a deposit based bond, life fund investment bond, guaranteed equity bond, NS&I and vouchersI am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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