U.K.: Citi’s Egg Launches New One year Fixed Rate Bond at 6.00% Gross P.A./AER for Existing Egg Savings Customers
This new Fixed Rate Bond is available for existing customers who have an Egg Savings Account(2) for deposits between £1,000 and £2,000,000. The bond is available to applications and cleared funds received on or before the 27th November 2008.
Dean Proctor, Head of Savings and Investment at Egg, said: “At a time when Bank of England base rates are forecast to decline, this is a great opportunity for our customers to lock into a guaranteed fixed return on their savings for a full 12 months.”
Egg has also recently announced a new rate available to new and existing customers on its internet Egg Savings Account for new money on new accounts. For just £1, savers can earn up to 6.55% gross p.a./AER (variable) on balances up to £100,000. This includes a variable bonus rate of 1.80% gross p.a. for the first 12 months from account opening. The Egg Savings Account provides customers with easy access to their money with no penalty or notice period for withdrawals.
Dean Proctor added: “The extension to our savings range allows us to offer both our new and existing customers great rates as well as a choice of products to suit their needs. At Egg we can offer our customers peace of mind in these turbulent times. Egg is owned by Citi, the world’s leading financial services company which has some 200 million customer accounts and does business in more than 100 countries worldwide.”
Customers can find out more information and apply for an Egg Fixed Rate Bond or Egg Savings Account by visiting www.egg.com.
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