Loyal tracker bond unveiled by Santander
Santander has announced it is to reward its customers with the release of a new loyalty tracker bond.
The product will be launched on August 2nd 2010 and pays three per cent gross AER and tracking 2.5 per cent above the Bank of England base rate until September 1st 2011.
It is available to people who have their main current, mortgage or investment account with Santander, or those who switch through the Account Transfer Service.
Reza Attar-Zadeh, director of savings and investments at the organisation, noted: "This latest offering cements our continued approach of rewarding loyalty."
She added the deal ensures individuals do not miss out on changes in the Bank of England base rate over the next year.
Compare Santander bonds now alongside products offered by all the major providers of bonds and savings accounts.
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