Bonds

There are different types of cash bonds, and they provide a good way of saving money, risk free. The most common cash bonds are: Fixed Rate Bonds and Premium Bonds.

Fixed Rate Bonds:

Offer a competitive rate of interest, fixed between 6 months and 5 years
Guaranteed return
Not affected by changes in the base rate
Interest paid monthly, annually or on bond maturity

Premium Bonds:

Government backed scheme
No interest, instead you can win tax free prizes of between £50 and £1million
Bonds £1 each, each has a unique number, if it is selected from the monthly draw you win
Minimum purchase is £100, the maximum you can hold is £30,000

Compare Leading Fixed Rate Bond Deals