The bond also allows investors to access, without notice or penalty, 50% of the amount invested at any time. Furthermore, there is a monthly interest option providing a return of 5.50% (5.64% AER) for people who require an income.
Karen Wint, head of marketing and PR said: We have designed this product to offer customers a competitive guaranteed rate and access to up to 50% of their funds, at any time, without notice or penalty.
Customers can invest as little as £100 and will earn 5.50% AER fixed on a balance up to £49,999, which is excellent value, with a monthly interest option paying 5.25% (5.38% AER). Therefore, both small and larger investors receive a good return and excellent flexibility.
