Santander 2 Year Fixed Rate Bond
Santander are now offering their 2 year fixed rate bond with 3.75% gross AER on balances of £25k to £2m. This is a limited offer from www.santander.co.uk/savings so the quicker you can sign up the better as once they have enough money in the bond, it will be closed. If you haven’t got £25k to invest in the two year bond, then you can still get a decent rate of 3.25% gross/AER on balances of £20k to £25k and 3.00% gross/AER on balances between £1 and £10k.
The Santander 2 year bond does not allow early closures and you canot take any money out of the bond, so only invest what you can afford to have tied up for the full two years. Other bonds are available that allow you to take money out with penalities, but you really should invest only what you do not need for two years. The santander.co.uk/savings offer is only available for short time.
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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 The rates or products may have been changed or withdrawn since the review was written.
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