The Nationwide Building Society has introduced half a dozen new investment bonds, with interest rates ranging from 6.5 to 6.7 percent.
The bonds cover investment periods of between 6 months and three years, therefore providing real options to suit different investors. Two of the new Nationwide Building Society bonds are e-bonds and are applicable to new FlexAccount customers while another one is valid only for customers who have been with the Nationwide for at least 3 years.
A spokesman from the Nationwide Building Society felt that the six month bonds offered an excellent return over such a short period of time and that the longer period bonds would prove excellent investment options for those happy to put their money to work for up to three years.
The Abbey National Super Saver account offer is being extended beyond the previous deadline of 7 September to give more people a chance to benefit.
The offer gives customers the opportunity to earn a whopping 9.1 percent interest for a 12 month period as long as they invest the same amount into any Abbey National investment product. The minimum deposit is just a pound, with the cap set at GBP2 million. Payments can be taken either monthly or at the end of the 12 month term providing great flexibility for savers.
The Abbey National decision to extend the offer is seen by many commentators as a real helping hand for savers, with the building society understanding the needs of consumers who want to see a strong return on their money as well as enjoying both security and flexibility.
The Alliance and Leicester has extended the offer period on its 9 percent gross interest paying fixed rate savings account to give more customers the opportunity to benefit.
The one year deal is open to Alliance and Leicester customers who invest in the Balanced Savings and Investment Plan, which brings together the savings account already mentioned and an investment bond. The bond is designed to offer good returns over the medium term, typically around 5 years, while the savings account gives customers a great benefit in the short term.
Investment bonds have grown in popularity recently as investors look for safe homes for their money where growth can still be achieved and this Alliance and Leicester offer which combines the high interest savings account delivers all that and more.