A new Abbey National fixed rate investment bond has just been launched onto the market for a limited time only so investors should act promptly.
For sums of less than GBP30,000 the Abbey National one year bond will pay a rate of 6.3 percent, while those with GBP30k to GBP2 million will receive a fixed rate of 6.5 percent. Interested investors have until 10 June to get their money into this excellent new opportunity, with the minimum amount needed being just GBP1,000.
A spokesman from Abbey National explained that fixed rate bonds are more popular than ever and that this particular one delivers one of the very best interest rates available on the high street.
The Halifax has so far reunited holders of accounts that have been forgotten about with over GBP16.5 million of their savings since starting its campaign earlier this year.
Over 7,200 people have had money paid to them by the Halifax since February this year, working out at an average of over GBP2,300 per person. The process began by looking at 25,000 dormant savings accounts, some of which had considerable sums in them. A spokesman from the Halifax said that over two thirds of the accounts that held more than GBP50,000 had been accounted for and the funds passed on to the owners.
The Halifax will continue with the remainder of the accounts but also introduce another 150,000 into the mix, worth another GBP30 million. Customers do not have to do anything, since the Halifax are searching for the owners. However it could speed up the process to get in touch with them should you have an account like this.
Two new offshore savings accounts have been announced by Alliance and Leicester, called the eSaver Offshore Notice 50 and eSaver Offshore Issue 2.
The issue 2 Alliance and Leicester Offshore savings account replaces the original one and now pays interest at 6.25 percent gross p.a, variable. The Notice 50 savings account is better suited to those who can keep the money in place, or at least give good notice on withdrawals. This one offers a 6.35 percent interest rate on balances of GBP25,000 and over, again gross p.a.
An Alliance and Leicester spokesman explained that it was customer demand that had brought these new savings accounts to the market. They combine excellent interest rates with flexibility and so meet customer requirements very well.
