The Anglo Irish Bank (angloirishbank.co.uk) is currently offering a 1 Year Fixed Rate Bond with an interest rate of 2.79% gross/AER.
The investement lump sum can range from a minimum of £500 to a maximum of $2,000,000.
Additional deposits are not permitted after opening your Bond.
Early withdrawals are only permitted in the case of emergency and are subject to interest penalties.
If you find yourself in a position to invest your money over a medium/long fixed length of time in order to earn a higher interest rate, to follow is a list of 4 (four) year fixed rate bonds currently made available by online banks and building societies (BS), for you to compare.
In the following list, interest rates are expressed as gross p.a./AER.
- Anglo Irish Bank (angloirishbank.co.uk – 4 (Four) Year Fixed Rate Bond – 2.75% – £500 to £2million
- Barnsley BS (barnsley-bs.co.uk – 4 (Four) Year Fixed Rate Online Bond – 5.00% – £100 to £2million
- Julian Hodge Bank (julianhodgebank.com) – Capital Millennium 4 (Four) Year Fixed Rate Bond – 4.15% – from £1,000
- Principality BS (principality.co.uk - Four Year Direct Fixed Rate Online Bond – 5.10% – £1,000 to £250,000
- Saga (saga.co.uk) - 4 Year Fixed Rate Savings Bond Issue 1 – 4,60% – £1,000 to £10million
