Savers can now get 2.75 per cent interest (gross/AER) from a one-year bond from Hinckley & Rugby Building Society.
The new rate of interest is an increase of 0.25 percentage points on the previous rate of 2.50 per cent.
“This new, improved interest rate makes our bond even more attractive to savers seeking a guaranteed return,” said Hinckley & Rugby chief executive Chris White.
With a maximum balance of £300,000 and a minimum of £5,000, the bond is available in the Society’s branches or by post. An application form can be downloaded from the Society’s website at www.hrbs.co.uk
Hinckley & Rugby is also continuing to offer its 1 Year Premium Access Bond, which allows one penalty-free withdrawal and pays a variable rate of 2.25 per cent (gross/AER) interest.
The bonds are part of a family of savings products from Hinckley & Rugby, which includes fixed rates, notice accounts, easy access accounts, a business deposit, ISAs and tailored accounts for children. To find out more visit www.hrbs.co.uk or call 0800 434 6343.
