Abbey Super Bond (Issue 12)
The Super Bond (Issue 12) offered by Abbey (abbey.com) is a form of investment where you can earn a competitively high fixed rate on your lump sum savings and also exploit longer term growth potential with an investment product over a minimum term of 3¾ years.
With the Abbey Super Bond the saver can earn an up to 6,00% gross p.a./AER fixed rate of interest on his/her lump sum savings up until 1 November 2010.
In particular, interest rate (gross p.a./AER) is 5,00% for a £1 to £249,999 invested sum and 6,00% for an amount of invested money of at least £250,000 up to a maximum of £2million.
You must invest the same amount that you put into the Super Bond, or more, into a separate qualifying investment product from Abbey over a minimum term of 3¾ years.
There is the choice to receive Super Bond interest monthly or at maturity.
There is also the possibility to access the entire Super Bond balance at any time without notice and free of charge on account closure (partial withdrawals are not allowed).
