Scarborough Building Society Guaranteed Bond introduced by Finance News Bulletin

Published: 18/01/07

wwwmoneynewscouk > General finance > Scarborough structure Society Guaranteed Bond introducedThe Scarborough structure Society Guaranteed Bond has been launched which guarantees that customers see a 'spirited' rate for at least two years

An interest speed of 565 per cent is offered by the Scarborough Building Society Guaranteed Bond and a smallest amount investment of £1,000 is essential to take advantage of the bondA bough version of the bond, the Scarborough Building Society Branch certain Bond, comes with a slightly lower interest rate of 530 per cent which is also fixed for a period of two years

Head of group marketing at Scarborough structure Society Tony Burdin commented: "We're continually reviewing our savings accounts to ensure we offer our members some of the most competitive deals available at any given time"We believe the certain Bond does this, as well as providing them with the certainty of meaningful exactly what their returns will be, whatever happens to interest rates in the medium word"Customers are limited to investing whatever the initial opening figure is as they cannot add to this during the life of the bond, however, clientele can purchase another bond to run alongside their existing one should they wish to invest more fundsScarborough structure Society is the 18th largest in Britain and manages possessions

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