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6% fixed rate for one year
kayl
Posts: 474 Forumite
I was going past a branch of Yorkshire Building Society this morning and saw a poster advertising this 1 year fixed rate, minimum investment £1000. Does anyone know of any strings attached to this deal. If there are noe, why is it not in the various best buy tables??
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Comments
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In conjunction with an L&G investment bond.
N.B. This Savings Bond is only available when purchased alongside a Legal & General investment bond following advice from a Legal & General Adviser. The minimum investment amount for the Savings Bond is £1,000 and for the Legal & General investment bond is £5,000, making the total combined minimum investment £6,000. Unlike a deposit account, capital in the Legal & General investment bond is not guaranteed, its value and the level of income may fall as well as rise.0 -
Yes there is a big catch with this account.
http://www.ybs.co.uk/savings/future/landg_bond/landg_bond.htmlAt least 70% of total investment must be in a Legal & General investment bond.
Minimum investment of £5,000 with Legal & General.In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:0 -
Yeah I've given up wasting my time bothering to read the terms and conditions as it usually means you have to take out some form of other investment that I wouldn't be interested in.Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0
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Thanks all for clearing that up for me - I thought that it was too good to be true!0
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