Barnsley BS 4 Year Fixed Rate Online Bond 4.25%
Barnsley Building Society (barnsley-bs.co.uk) is currently offering a 4 Year Fixed Rate ONLINE Bond giving an interest rate of 4.25% gross pa/AER fixed to 30/09/2014.
The minimum initial deposit for this Online Bond is £100, while the maximum amount you can deposit is £2,000,000.
The initial deposit can be made by debit card, transfer from another bank or building society account, or transfer from another account held with the Barnsley (or also by cheque in the case subscriber’s identity cannot be verified electronically during the application process).
It is only possible to make deposits to the Online Bond whilst it remains open to new investors. The Online Bond is a limited issue product, which means it can be withdrawn without notice by the bank at any time.
Withdrawals or closure are not permitted during the term other than in the following extreme circumstances only; critical illness, terminal illness, the death of an account holder, or by court order. In these circumstances only, the deposit and interest to date will be paid.
On maturity the balance will be automatically transferred to an online instant access internet account belonging to the subscriber. However, the subscriber may also have the option to transfer the balance into another Barnsley’s fixed rate product without the need to re-apply.
