ncbs launches the new 1 year 41st issue fixed rate savings bond
19 January 2012 - National Counties Building Society today launched its 1 year 41st Issue Fixed Rate Savings Bond. The bond offers an interest rate of 3.01% Gross AER* fixed for 1 year. This new bond replaces the Society's 2 and 3 year 41st Issue Savings Bond products.
Key features
- Invest from £1,000 to £150,000
- Fixed interest rate for the duration of the term
- Interest paid on 1st July and on maturity
- Open your account online
- Interest can be paid monthly at a reduced rate (minimum balance £5,000)
- Transfers from other National Counties savings accounts, without prior notice or penalty, are permitted to open a bond, except for transfers from other fixed term bonds
- No withdrawals prior to maturity
- Strictly limited issue (may be withdrawn at any time without prior notice)
*Interest will be paid or credited after deduction of income tax at the lower rate of 20% or, subject to the required certification, gross.
*AER stands for Annual Equivalent Rate and illustrates what the annual rate would be if interest was compounded.
To find out more details about the 41st Issue Savings Bond please click here
Authorised and Regulated by the Financial Services Authority. FSA Register Number: 206080
National Counties introduces its customers to Legal and General for advising on and arranging life assurances, pensions and investment products bearing Legal and General's name.
