Savings Rates on the Up

If you are looking to lock into a better rate, then Bradford & Bingley International has just launched three new Fixed Rate Bonds, Issue 98, Issue 99 and Issue 100.

Fixed Rate Bond Issue 98 is a 1 Year Bond offering 3.00% (AER Fixed) paid on maturity or 2.96% (AER 3.00%) paid monthly. There is a minimum balance for this account of £5,000.

Fixed Rate Bond Issue 99 is an 18 month bond with an interest rate of 3.25% (AER 3.22%). The bond is available for balances over £5,000 and interest is paid on maturity.

Fixed Rate Bond Issue 100 is a 2 Year Bond offering 3.60% (AER Fixed) or 3.55% (AER 3.60%) paid monthly. Interest is payable annually on 31 October 2011 and at maturity on 31 October 2012.  Alternatively, you can have your interest paid monthly on the last working day of each month. There is a minimum balance for this account of £5,000.

There is limited availability on the bonds and they do not allow withdrawals until maturity. The maximum deposit into one of these bonds is £1,000,000.

The final date for accepting cheque deposits is 25 October 2010 or 27 October 2010 for electronic payments, or earlier if availability runs out.

For more information go to www.bbi.co.im or call +44 (0) 1624 695000.