Abbey International has announced that sterling interest rates on its popular 18 month fixed rate contracts are to be increased to 3.25% gross (3.22%AER), giving an effective rate of 4.87% over the 18 month term of the account with immediate effect. The minimum balance required is £100,000, with the account open to both existing clients and to those with funds not currently invested with Abbey International. This is a limited offer and may be withdrawn at any time.
Abbey International has also upped the rate on its 2-Year Escalator Bond to 3.50% gross/AER in year 1 and 4.00% gross/AER in year 2, giving an excellent combination of return and safety. The minimum balance is again £100,000.
Abbey International is part of the highly regarded Santander Group, which has more than 150 years experience in banking and has clients all over the world. Santander has an AA credit rating from Fitch and Aa2 rating from Moody’s credit rating agencies.
For further information on banking with Abbey International in Jersey call + 44 (0)1534 828 828 or log onto www.abbeyinternational.com