New One (1) Year Fixed Rate Savings bond from first direct
February 17th, 2010
first direct (firstdirect.com), an online bank division of HSBC Bank plc (hsbc.co.uk), has just made available a new one year Fixed Rate Savings bond at the competitive rate of 2.75% AER which will mature on 28 February 2011.
The new savings bond is available to first direct customers who wish to invest between £2000 and £49,999.
Features of the first direct new one year Fixed Rate Savings bond are:
- competitive rate of 2.75% AER, fixed until 28 February 2011 when the product will mature
- customers can deposit between £2000 and £49,999
- for customers wishing to deposit more than £49,999 can open extra bonds
- extra payments cannot be made into the bond once opened.
- there are no withdrawals during the term of the bond. Should customers wish to close their bond they will receive any accrued interest and a £100 penalty will be payable
- the bond is only available to first direct customers
