Credit card provider Barclays 'launches new fixed rate bond range'
Credit card provider Barclays has launched a new range of fixed rate bonds, it has been reported.
Credit card provider Barclays 'launches new fixed rate bond range'”
The one, two and five year bonds will pay up to 5.25%.
Those who are able to take out the five year bond will gain 5.25% gross per annum AER, with a minimum investment of £500, according to the credit card provider.
Consumers who would like to commit for a shorter term could take advantage of the two year fixed rate bond, which pays up to 4.25% gross per annum AER for balances above £40,000, or 3.75% for balances from £500.
Andy Gray, Barclays Head of Mortgages and Savings said: "Our range of bonds will appeal to savers who want to secure a high fixed interest rate from just £500, making them really accessible to everyone.
"Our leading account paying 5.25% for five years will appeal to customers who are happy to tie-up a proportion of their savings for this time. The two year bond complements the range giving a strong rate and accommodates savers who are not in a position to lock away their savings for longer."
Barclays is also offering a Goldfish credit card with 0% interest on purchases for three months from the date on which the account is opened.
A total of £30 worth of extra reward points is also offered to Goldfish credit card holders when they spend £100 a month for three months from the account opening date.
Written by Charlotte Stevens ©
