NatWest – 1 Year Fixed Rate Bond
June 8th, 2009
If you have £ 5,000 or more to invest then you can have a look at the 1 Year Fixed Rate Bond by NatWest.
As described on NatWest’s website (natwest.com), this bond starts on 08 July 2009, but it is only available on a first come, first served basis. So, it might be withdrawn sooner.
NatWest 1 Year Fixed Rate Bond pays annual interest of 2.75% Gross/AER for balances of £5,000 to £49,999 and 3.20% Gross/AER for balances over £50,000.
No partial withdrawals are allowed.
An early closure of the Bond will incur an early redemption fee equivalent to 60 days Gross interest.
