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NatWest 2Year fixed Rate Bond

soreeyes
soreeyes Posts: 37 Forumite
in Savings & investments
Speaking to my local branch manager today.
2 Year fixed rate bond
Paying 6.6% annual/income growth. 6.41% Monthly income.
Rates effective 24/09/08.
New 1 year bond to be announced toward the end of the year paying in excess of 7%
gross thought I best make that clear
MOTTO: F.E.A.R.....F!!K EVERYTHING AND RUN:eek:

Comments

  • Paul_Herring
    Paul_Herring Posts: 7,484 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    6.6% for a fixed rate bond? 2 years??

    Wouldn't bother. Can get 7%-7.2% now on 1, 2 and 3 year fixes elsewhere.
    Conjugating the verb 'to be":
    -o I am humble -o You are attention seeking -o She is Nadine Dorries
  • soreeyes
    soreeyes Posts: 37 Forumite
    Agreed, but where would you rather have your cash.
    I know where my comfort zone is,
    MOTTO: F.E.A.R.....F!!K EVERYTHING AND RUN:eek:
  • dougz_2
    dougz_2 Posts: 523 Forumite
    Part of the Furniture Combo Breaker
    soreeyes wrote: »
    New 1 year bond to be announced toward the end of the year paying in excess of 7%
    That would suggest rates approaching 8% at more competitive brands. Any better idea what he meant by end of the year?
  • lolly5648
    lolly5648 Posts: 2,257 Forumite
    Part of the Furniture 1,000 Posts
    The 2 year bond doesnt start until the 6th November, up to that time you earn 4.25%!
  • alanq
    alanq Posts: 4,216 Forumite
    1,000 Posts Combo Breaker
    You also need a Natwest Current Account or Instant Access Account.
This discussion has been closed.
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