Birmingham Midshires has launched a new savings bond that offers those saving money a market-leading savings interest rate.
People hoping to start saving money in this savings bond can start doing so with a minimum investment of a pound.
The savings interest rate offered on the savings bond is five per cent gross/AER. The one-year online savings bond is a best buy savings bond available at the moment.
Birmingham Midshires has a reputation as one of the market's leading and most consistent fixed rate savings bond providers, says the financial provider's head of savings products, Richard Brown.
"This is a great product for customers wanting to earn a guaranteed competitive rate of interest," Mr Brown added.
Those wishing to invest money in the savings bond can apply online for the fixed rate savings bond.
Birmingham Midshires forms part of the Halifax and Bank of Scotland group HBOS.
Following the merger of Halifax and Bank of Scotland on 10th September 2001, HBOS has 22 million customers.
With assets of over £440 billion, it is the UK's largest mortgage and savings provider as well as being a major player in the provision of new current accounts and credit cards in the UK.
Market-leading online savings bond available
Financial Services > e-banking > Banking news
Market-leading online savings bond available
Tue, 11 Oct 2005
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