National Counties Launches 'Best Buy' Savings Bond
Wednesday 6 November, 2013
National Counties launches the 49th Issue Savings Bond which offers a competitive rate of 2.40% gross^ AER* fixed until 30 January 2016.
The bond has been designed to offer savers a medium term savings bond with a higher return than any other UK building society. Savers can open the account online, by post or by visiting the Epsom branch.
Keith Barber, Associate Director of Business Development, states: "Our new 49th Issue Savings Bond offers a competitive rate of interest for investors looking save £10,000 or more for a 2 year period – it is a strictly limited issue so don’t miss out on the opportunity to benefit from this great rate."
Key Features
• Fixed rate to 30 January 2016
• Invest from £10,000 to £150,000
• Interest paid annually on 1 July and on maturity
• Monthly income option (at reduced interest rate)
• No additions allowed
• No withdrawals prior to maturity
• Open and operate by post, online or at our Epsom branch
• Strictly limited issue
National Counties will continue to offer its 47th & 48th Issue Savings Bonds which are available for investments of £1,000 or more and include short through to long term investment periods.
^ Interest will be paid or credited after deduction of income tax at the lower rate of 20% or, subject to the required certification, gross.
* AER stands for Annual Equivalent Rate and illustrates what the annual rate would be if interest was compounded.
Distributed by Pressat
