Beat low savings rates with a potential 6% pa
Includes full capital protection and FSCS bank deposit protection…
Inflation at 2.50%, best long term fixed rate bond at 2.69%, and only 2.30% on the top fixed rate Cash ISA. Doesn’t make the best of reading does it? Which is perhaps why the potential for 6.0% per year from this popular deposit plan could make for an interesting alternative.
The Investec FTSE 100 Kick-Out Deposit Plan is a bank deposit which will kick-out and pay 6.0% for each year the plan has been in place (not compounded), provided the value of the FTSE 100 Index at the end of each year from year 3 onwards, is higher than its value at the start of the plan (subject to averaging). That’s a potential 18% after 3 years, or another 6.0% for each additional year thereafter. If the Index is lower on all of these dates you will only receive a return of your initial deposit.
To request a brochure on this plan click here