Santander introduces new fixed-rate bonds
Spanish-owned high street bank Santander has launched a new range of fixed-rate bonds.
The latest deals offer rates of up to 3.3 per cent gross AER and can be fixed for either one or two years.
Santander has also introduced a one-year bond that tracks the Bank of England base rate.
The one- and two-year fixed-rate bonds are for savers with anything from £500 to £2 million. Savers are not allowed to make withdrawals or close either of the accounts before they reach maturity.
Meanwhile, the tracker bond - which offers an interest rate of 2.5 percentage points above the Bank of England's base rate - is for savers with between £10,000 and £2 million. The same limitations on access apply.
The firm has also launched a fixed-rate ISA range with rates of up to 3.5 per cent AER fixed over two years.
A maximum of £14,000 can be placed in either of the ISA products Santander has created.
Use the Myfinances.co.uk comparison tables to find the best deal on a new savings accounts
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