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Fixed rate bonds

I’ve had a spam email from Credit Suisse offering an ING bond for a year’s duration paying 6.125%.  They claim it is FSCS protected.  Is this genuine?

Comments

  • Aretnap
    Aretnap Posts: 6,066 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    No. It's someone pretending to be Credit Suisse trying to scam you out of money by offering you a fake bond. Reputable financial institutions are not allowed to promote bonds like this to retail investors, let alone by way of spam Emails. 
  • dunstonh
    dunstonh Posts: 120,880 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Its a clone scam.
    Credit Suisse is a genuine regulated company.   However, they do not offer fixed term deposits in the UK.    The scammer is pretending to be CS.   
    Use your common sense.  6.125% is impossible with FTDs at the moment.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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