Abbey.com Savings Bond Accounts
You can now get an impressive 3.6% gross AER interest from the abbey.com/savings 1 Year Fixed Rate Bond on investments of £25,000 and over. This is a limited offer and once they have enough investors the bond will be closed to new money.
You cannot add or withdraw funds with this particular bond without paying an interest penalty, so your money is stuck earning 3.60% interest until the bond matures on the 1st September 2010. The abbey.com/savings bond pays 3.60% AER on balances of £25,000 or more, 3.35% AER of balances of £10,000 to £25,000 and 3.00% AER on balances of £1 to £10,000
If you do have to withdraw some of your abbey.com savings bond investment, you will have to close your fixed rate savings bond with an early closure charge equivalent to 90 days interest. Abbey.com/savings is backed by Santander, which is one of the world’s largest banks so your money, and future, is in safe hands. Rates correct as of 05/08/2009
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Please note that this review does not constitute financial advice or endorsement of the product under review. The rates or products may have been changed or withdrawn since the review was written.


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