Abbey 4.01% Fixed Rate for 2 years

soulsaver

alanq wrote: »

There was an ad in yesterday's paper. It's no partial withdrawals and 120 days loss of interest for early closure.

Yep - I 'phoned them (A&L) this am and they confirmed it's not on their webby yet. And advised 120 day pen, irrespective of proximity to maturity. I didn't ask about partial withdrawals...

KTF

Details now online:

4.01% AER* Two Year Savings Bond - On Balances From £30,000+
Limited offer may be withdrawn at any time - Matures 1st March 2011

With Abbey´s Two year Savings Bond you get a great return over the next two years with a superb fixed rate of 4.01% gross/AER* on balances from £30,000. This product is available open to new and existing customers that can deposit funds currently held outside of the Santander Group (Abbey, Alliance & Leicester, Bradford & Bingley).

Why choose a Two year Savings Bond?

Rate - Enjoy a fantastic fixed rate of 4.01% gross/AER* on balances from £30,000+,

Eligibility – Available to new and existing customers who are transferring or paying in funds not currently held within the Santander Group (Abbey, Alliance & Leicester, Bradford & Bingley)

Term - Get a great Fixed rate for two years – matures 1st April 2011

Save - From £30,000 up to a maximum of £2million

Interest Paid - Paid either monthly or annually

Manage Your Money - You will also receive a certificate and an annual statement showing you how your savings are doing and have the certainty of knowing what your return will be a the end of the term

What if I need to access my savings?

There is a charge for accessing your funds before the maturity date. Please ensure you read the legal details for more information.

Limited offer and subject to availability.

AER stands for Annual Equivalent Rate and shows what the interest rate would be if we paid interest and added it to your account each year. The gross rate is the interest rate we pay before income tax is taken off.

Rates effective from 20th February 2009

From: http://www.abbey.com/csgs/Satellite?appID=abbey.internet.Abbeycom&c=Page&canal=CABBEYCOM&cid=1210621695741&empr=Abbeycom&leng=en_GB&pagename=Abbeycom%2FPage%2FWC_ACOM_TemplateB2

Commmodore_Vanderbilt

soulsaver wrote: »

It's not on Abbey site that I can see. Got a link plse?

Here - http://www.abbey.com/csgs/Satellite?canal=CABBEYCOM&cid=1195845566878&cidAgrup=845616358929450&empr=Abbeycom&leng=en_GB&pagename=Abbeycom%2FPage%2FWC_ACOM_TemplateY2&posSel=1

PurpleBox

http://www.abbey.com/csgs/Satellite?...ateY2&posSel=1

Interestingly this page also claims the Direct ISA bonus rate is 2.5% rather than 2.3%...

PurpleBox