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Cahoot 2 yr Fixed Rate Bond - 4.01% Gross AER

Anyone any opinions on this offer,
Is there a better offer around ?

http://www.cahoot.com/cahoot_products/cahoot_savings/savings_bond_account.html

the features
  • Earn a great fixed rate of 4.01% gross/AER* until 30thApril 2011
  • Available to new and existing cahoot customers who are transferring or paying in funds not currently held within the Santander Group (cahoot, Abbey, Alliance & Leicester, Bradford & Bingley savings and Cater Allen)
  • Deposit a minimum of £30,000 up to a maximum of £2,000,000
  • Hurry! This is a limited offer only and subject to availability. We may have to refuse applications being processed and accounts that are unfunded if the bond is oversubscribed
  • No additional deposits allowed after the initial deposit is made. No partial withdrawals allowed. However you can access your balance by closing the bond early, which will result in a loss of 120 day’s net interest
How it works
  • We pay you any interest back into your cahoot 2 year fixed rate bond annually on 30th April until it matures
  • If you need access to your money before the cahoot 2 year fixed rate bond matures there’s an interest penalty charge. AER is based on no withdrawals. For more about this read the legal details
  • The day after your account reaches maturity it will default into a variable rate cahoot savings account. Once this has happened you will be able to access your account instantly

Comments

  • Hungerdunger
    Hungerdunger Posts: 964 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Nottingham BS are offering 4.35% on a two year bond.
    Please call us on 0845 423 8464 for more details, and an application pack, for our latest 2 year fixed rate savings account. Our limited issue fixed rate savings account Issue 67 is fixed at 4.35% gross p.a./AER, 3.48% net, until 1 June 2011.
    "The trouble with quotations on the Internet is that you never know whether they are genuine" - Charles Dickens
  • opinions4u
    opinions4u Posts: 19,411 Forumite
    Birmingham Midshires are doing 4.25% for 2 years for £1 upwards.

    www.askbm.com

    0845 602 2828
  • derrick
    derrick Posts: 7,424 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Nottingham BS are offering 4.35% on a two year bond.
    Quote:
    Please call us on [STRIKE]0845 423 8464[/STRIKE] for more details, and an application pack, for our latest 2 year fixed rate savings account. Our limited issue fixed rate savings account Issue 67 is fixed at 4.35% gross p.a./AER, 3.48% net, until 1 June 2011.

    Geo numbers that should work; -

    0115 9564701, 0800 077677, 01159481444, 08008223835
    opinions4u wrote: »
    Birmingham Midshires are doing 4.25% for 2 years for £1 upwards.

    www.askbm.com [STRIKE]0845 602 2828[/STRIKE]

    01902 302832
    Don`t steal - the Government doesn`t like the competition


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