7 October 2009

Ipswich launches limited edition 5 year 'Big Bond'


Ipswich Building Society has launched a chart topping 5 year, 5.1% fixed interest rate savings bond for consumers who have renewed confidence in longer term investments.

The highly competitive ‘Big Bond’ has the added advantage of giving access to funds after two years, providing investors with greater assurance.

Jo Leah, General Manager, Sales and Marketing, Ipswich Building Society, says: “This is a very feisty 5 year savings bond for savers who have their sights set on a longer term goal. It has the added flexibility of giving access after two years which makes it one of the most attractive offers in the marketplace at the moment.”

The minimum investment is £5,000 (maximum £100,000) and the limited edition Big Bond is only expected to be available until the end of November.

The 5.1% gross/AER fixed interest (4.08% Net) is paid annually on the account’s anniversary, or monthly if the balance is over £25,000. No withdrawals are permitted for 2 years and thereafter any withdrawals incur a 180 days interest penalty on the amount withdrawn.

To find out more about the Big Bond savings account telephone 0845 230 8686 or email
enquiries@ibs.co.uk Big Bond can be opened by post or at any Ipswich Building Society branch. See www.ibs.co.uk

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