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New Bradford & Bingley 1 year Bond 6.40% AER

Steve_xx
Posts: 6,979 Forumite


Bradford & Bingley has rolled-out a new one-year fixed rate eBond at 6.40% p.a. gross/AER (5.12% net).
The limited edition online bond requires a minimum investment of £1,000, maximum investment £2,000,000.
No further deposits or withdrawals are permitted until the account matures on the anniversary of its opening.
Customers who would prefer their interest to be credited on a more regular basis can take advantage of a monthly interest rate of 6.22% p.a. gross (6.40% AER).
After the bond matures the interest rate will vary but the annual gross rate will be the same as the annual gross rate on the lender's eBond Maturity Account.
The limited edition online bond requires a minimum investment of £1,000, maximum investment £2,000,000.
No further deposits or withdrawals are permitted until the account matures on the anniversary of its opening.
Customers who would prefer their interest to be credited on a more regular basis can take advantage of a monthly interest rate of 6.22% p.a. gross (6.40% AER).
After the bond matures the interest rate will vary but the annual gross rate will be the same as the annual gross rate on the lender's eBond Maturity Account.
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