Teachers Building Society is celebrating Christmas
with the launch of a limited issue fixed rate bond (issue 94), offering
up to 3.70% gross/AER.
The bond requires a minimum investment of £500 and is
fixed for 30 months, maturing on 25th June 2013. It pays a higher rate
for higher balances, so if between £500 and £29,999 is invested, the
interest rate is 3.45% gross/AER, and balances of £30,000 or more
receive 3.70% gross/AER.
Alan Gravett, head of sales & marketing at
Teachers Building Society, says “The Christmas bond offer looks set to
follow our Regular Saver into the best buy tables and shows our
commitment to providing excellent rates to our members. There aren’t
many two and a half year bonds on the market and it’s an ideal account
for people looking for a decent return on their savings over a medium
Teachers Building Society places great emphasis on
customer service and recently removed the automated phone system so
customers can get straight through to a member of staff when phoning
during office hours. While the mortgage service at Teachers is dedicated
to those working in education or residing in the Society’s local BH
postal area, savings are available to everyone.