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West Bromwich helps with new year savings

05 January 2006
Investors looking for a new way to find a guaranteed return in the new year should look no further than West Bromwich Building Society's latest online only guaranteed E-bond.

With an interest rate of 5.1 per cent AER gross on the investment by the end of this year or 4.98 per cent gross monthly, the E-bond offers savers the opportunity to see a guaranteed return on their investment with no risk.

The minimum investment is £1,000 for new customers and the maximum for single accounts is £500,000.

Those people with joint accounts have a limit on the investment standing at one million pounds.

There are no extra deposits allowed after the offer period has closed and investors are not able to withdraw from the bond during the term.

Despite these restrictions the bond is easy to apply for and is a safe and secure way of saving.

Discussing the popularity of the recently launched bond, West Brom product manager, Andy Heseltine said: "What better way is there to get the new year underway than to go on-line to take advantage of this latest savings offer. Our latest E-bond allows savers to enjoy a market leading return on their investments in the knowledge than there is no risk to their capital."

To apply for the E-bond investors can visit the West Bromwich Building Society website.

To read more about savings accounts, click here.

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