Savers looking for a guaranteed return over a fixed term and a low minimum investment should pop down to the Post Office where they have introduced a bond that offers just that.
The Post Office bond pays interest over a 12 month period at a rate of 7.05 percent and with a minimum investment of just GBP500 is accessible to pretty much everyone. As long as customers can leave the money intact for the year then they can earn a great rate of interest guaranteed. Such guaranteed investments are becoming more popular than ever now that the economy is in such a difficult position. Investors are looking for security rather than extravagant claims.
For anyone interested in what is an excellent savings and investment opportunity the bond can be invested in either direct at the Post Office Insurance counter, by phone or online and that GBP500 minimum investment amount is certain to make it very popular.
The latest Tesco Finance report on green activity shows that 53 percent of homeowners were driven by the chance to save money when it came to assessing energy efficient improvements in their homes.
Rising fuel costs have also driven around 54 percent of respondents to change aspects of their home to make them more eco friendly said Tesco Finance. Money is not the only driver though as some 56 percent of people said their concerns regarding the environment had influenced their decisions to some extent.
With so many demands on consumers pockets now and seemingly getting worse by the day it is no surprise to see people seeking ways to save money said a Tesco Finance spokesperson. The fact that these changes can also help the environment is an additional benefit for everyone.
The Nationwide Building Society has just launched a new range of investment bonds, with interest rates of up to 6.8 percent per year.
There are a couple of e-bonds, sold online only and only available to those who have, or are taking out, a Nationwide Building Society FlexAccount. A loyalty bond is also in the set of newly launched products, this on offer to customers of at least three years standing.
The savings director of the Nationwide Building Society felt that the rates being offered on these investment bonds were some of the best on the market and was expecting demand to be high.
