Saving by post

Click to follow
The Independent Online
NORTHERN ROCK has reopened its postal account to new savers. The account offers gross rates of 7.05 per cent on pounds 2,000 deposits, 7.3 per cent on pounds 10,000 and 7.55 per cent on pounds 20,000. The rates are guaranteed not to fall before August. Details on Freephone 0500 50 5000.

Premium Life is offering a 5.6 per cent rate on its pounds 1,000 three- year guaranteed income bond. For pounds 2,000 three-year bonds Consolidated Life is offering a return of 6.35 per cent. The highest three-year guaranteed income bond rates are being offered by Prosperity at 6.62 per cent on pounds 25,000 deposits.

------------------------------------------------------------------------ SIX OF THE BEST ------------------------------------------------------------------------ Savings Min Type Account Term *0% *25% *40% pounds GIB Financial Assurance 5 years 6.95 6.95 5.90 50,000 B Soc Northern Rock Instant 7.55 5.66 4.53 20,000 Tessa Hinckley & Rugby 5 years 8.05 8.05 8.05 25 *Compounded annual rate except for GIB (guaranteed income bond) ------------------------------------------------------------------------ Source: Chase De Vere 071-404 5766 ------------------------------------------------------------------------ Mortgages Type Source Deal Variable Northern Rock 4.98% discounted rate on 75% loans Fixed NatWest 8.99% for 10 years on 95% loans Capped Citibank 9.99% cap on 5-year 85% loans ------------------------------------------------------------------------ Source: John Charcol 071-611 7000 ------------------------------------------------------------------------

Looking for credit card or current account deals? Search here

Comments