Bradford & Bingley International launches fixed rate savings accounts
Offshore savings bank Bradford & Bingley International releases two new savings bonds.
Savings specialist Bradford & Bingley International (BBI) has launched two new fixed rate savings bonds on the back of increased customer demand.
For savers looking for longer term deposits, Fixed Rate Bond Issue 46 is a one year bond available for balances of £5,000 and above. Interest is payable either on maturity at 6.70% or monthly at 6.50% (6.70% AER).
Fixed Rate Bond Issue 47 offers a short term alternative with an interest rate of 6.00% fixed for 3 months. The bond is available for balances over £5,000 with interest paid on maturity.
BBI is now part of Abbey and the Santander Group which has an AA/Stable rating from Standard & Poor’s. Deposits with Bradford & Bingley International carry the full and unconditional guarantee of Abbey.
BBI’s Managing Director, John Pearson, commented: “With the recent reduction in Bank of England Base Rate to 4.50% these bonds represent a great opportunity for savers in what are difficult times. The added security offered by Abbey’s take-over of BBI will give savers that all important peace of mind as to the safety of their deposit.”
More information on Fixed Rate Bond (Issue 46 & 47), including Terms and Conditions and an application pack, can be found on the Bradford & Bingley International website at www.bbi.co.im
Alternatively call+ 44 (0) 1624 695000 to receive an application pack by post.
- Contact Information
- James Qualtrough
- eMarketing Executive
- Bradford & Bingley International
- Contact via E-mail
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