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65+ Guaranteed Growth Bonds

I have just asked to cash in my £500 investment bought on 16 January and have been informed there is a £78 penalty - which is more than the interest earned over the 3 years. I thought it would be 90 days interest. Not cashed it in yet. :(

Comments

  • Panic over - checked terms and conditions - no sign of penalty just the 90 days. So asked again to cash in - another person - went through with just the 90 days interest deducted. :)
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