The Barclays fixed rate savings bond is where you get a fixed rate of interest. The minimum account balance starts from £ 500. This account is apt for you because here you Secure a guaranteed rate of return over term.
Why Should One Use Barclays Fixed Rate Savings Bond?
There are a lot of benefits of the Barclays fixed rate savings bonds. With the Barclays fixed rate savings bond, you get one Year Fixed Rate Savings Bond Issue 67. You are given a fixed rate of interest for the term of the bond. Along with all this, you earn 2.00% AER / 1.98% gross pa (Deposits £500 to £1 million). If you apply online, then you get a monthly interest. You have the option of end of term and annual interest available if opened in branch or by phone. The account opens at a minimal amount of £ 500 and it can hold an amount of up to £ 1 million. There is no other additional deposit allowed.
Nevertheless, with the fixed rate savings bond no withdrawals are permitted. It is nothing unusual if you are dead serious about saving. Our Fixed Rate Savings Bonds are strictly limited offers and may be withdrawn at any time. To apply you must be 18 or over and a UK resident.
This account is best suited for you if You want fixed rate savings, or if you are looking for a guaranteed interest rate, also if you are happy to tie up your money for a fixed term.
How To Apply For A Savings Bond
To apply, you can open a Savings Bond in Online Banking or register for Online Banking if you’re not already a member. Along with these, you can also open a Savings Bond in branch with your ID and on the phone.
I tied up my money with Barclays fixed rate deposit for a year. I one year I got such amazing returns from it. Am really happy with it.
It has been almost a year that I have put my money in the fixed rate deposit. I can actually sense my money being put into correct use. Thanks to Barclays!
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