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LONDON, UNITED KINGDOM -- (Marketwire) -- 01/09/13 -- Today (9 January 2013) Santander kick starts the New Year with the launch of a new range of competitive 1 and 2 year Fixed Rate Savings Bonds paying up to 2.40 per cent gross/AER, available in branch, by telephone and online.
Fixed Rate Bond range
----------------------------------------------------------------------------Term Tier Annual Gross Rate (AER) Monthly Gross Rate----------------------------------------------------------------------------1 Year GBP 500+ 2.00% 1.98%----------------------------------------------------------------------------1 Year GBP 200k+ 2.10% 2.08%--------------------------------------------------------------------------------------------------------------------------------------------------------2 Year GBP 500+ 2.30% 2.28%----------------------------------------------------------------------------2 Year GBP 200k+ 2.40% 2.37%----------------------------------------------------------------------------
Santander is also continuing to offer a highly competitive fixed rate bond, which is available exclusively to new and existing Santander 123 Current Account or 123 Credit Card customers. The bond has an 18 month term with an interest rate up to 2.60 per cent gross AER. It requires a GBP 500 minimum opening deposit and customers can save up to GBP 2 million.
18 Month Fixed Rate Bond(i)
---------------------------------------------------------------------------- Annual Gross RateTerm Maturity Tier (AER) Monthly Gross Rate----------------------------------------------------------------------------18 months 01/08/2014 GBP 500+ 2.50% 2.47%----------------------------------------------------------------------------18 months 01/08/2014 GBP 200,000+ 2.60% 2.57%----------------------------------------------------------------------------(i) An exclusive offer for new and existing 123 Current Account or 123 Credit Card customers.
