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Abbey 2 year 5.5% fixed rate bond !

 
Post new topic   Reply to topic    UK Money Saving Guides, Tools and Forums Forum Index -> Fixed Interest Bonds
 
Author Message
Sarah
Money Manager
Money Manager


Joined: 16 Jul 2004
Posts: 831

Cash Points ££ 12024.38

PostPosted: Thu Jul 13, 2006 12:51 pm    Post subject: Abbey 2 year 5.5% fixed rate bond ! Reply with quote
Special Growth Bond. Interest paid annually back to the bond only, offering you maximum growth potential.

Limited Offer

2 Year Special Growth Bond

5.50% gross p.a/AER

Fixed rate for 2 years

Ask in branch for more details

Or call 0800 30 20 30 (please select option 2)
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Author Message
Phillipa
Veteran Investor
Veteran Investor


Joined: 05 Feb 2005
Posts: 419

Cash Points ££ 3383.78

PostPosted: Fri Jul 14, 2006 1:48 am    Post subject: Reply with quote
Some more info on the bond -

Abbey has launched a limited offer 2-Year Special Growth Bond which offers 5.50% gross pa/AER, the highest interest rate currently available on the market.

The Bond is available until 8 August 2006 or earlier if sold out.

Pak Chan, Abbey’s Head of Marketing for Long Term Savings, said, “We are continuously working towards maximising returns for savers and making sure that they are able to directly benefit from new market opportunities. The bond offers the best savings rate in the market and is just another example of how we are bringing better deals to our customers.”1

Key features of the Special Growth Bond are:

No minimum deposit requirement. Maximum deposit per bond is £250,000.
Interest is paid annually and rates are fixed until the bond matures at the end of two years.
The Special Growth Bond is on sale along with the standard range of bonds offering both income and investment options.
Customers cannot add to their bond once it is open.
Customers can get access to their money before the bond matures but they must give six working days written notice. Penalty charges will be applied for early withdrawal of money.
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Author Message
Shezz
Beginning Saver
Beginning Saver


Joined: 08 Mar 2005
Posts: 45

Cash Points ££ 348.80

PostPosted: Wed Jul 19, 2006 4:30 am    Post subject: Reply with quote
I opened an account at a branch today.

Was straight forward took about 20 minutes, took a cheque and gave me a deposit slip, said that a certificate would follow in about 2 weeks.

Some points -

1. The bond is available until 8th of August or earlier
2. interest is paid on 1st of August each year
3. They will contact u 2 weeks before the bond matures
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Author Message
PKQ
Newbie
Newbie


Joined: 17 Apr 2006
Posts: 23

Cash Points ££ 447.94

PostPosted: Fri Aug 04, 2006 3:22 pm    Post subject: Reply with quote
Its been withdrawn Sad

Hopefully better deals soon, given the rates rise
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Victor
Beginning Saver
Beginning Saver


Joined: 05 Aug 2006
Posts: 35

Cash Points ££ 1077.84

PostPosted: Sat Aug 05, 2006 10:52 pm    Post subject: Reply with quote
I wish I had heard of this bond earlier, too late now Sad
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Tabby
Money Saver
Money Saver


Joined: 17 Feb 2005
Posts: 86

Cash Points ££ 341.40

PostPosted: Fri Oct 13, 2006 5:18 am    Post subject: Reply with quote
I folllowed this site and opened one.

But the certificates not come yet !

Has this happened to anyone else ? Its nearly 3 months now ! I will have to op down to the branch to find out what up
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Author Message
Sugarbabe
Beginning Saver
Beginning Saver


Joined: 19 Jun 2006
Posts: 49

Cash Points ££ 1027.04

PostPosted: Tue Oct 17, 2006 8:10 pm    Post subject: Reply with quote
Tabby wrote:
I folllowed this site and opened one.

But the certificates not come yet !

Has this happened to anyone else ? Its nearly 3 months now ! I will have to op down to the branch to find out what up


What happened ?

Did you go down to the branch, did they give you a certificate ?
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