Rate for Life - Branch

Did you know that a whopping 78% of all UK savings accounts earn less than the Bank of England base rate?** Seventy eight per cent! So there's every chance that figure includes your savings.

Introducing the Rate For Life savings account
Our brand new savings account is guaranteed to pay you a competitive rate, by tracking 0.25% above the Bank of England base rate for life, so you'll be one of the UK's top 22% interest earners.

Key Features:

  • A great rate of 5.25% Gross p.a.
  • Interest Rate Guaranteed to Match the Bank of England Base Rate plus 0.25% for the life of the account.
  • Start your account with just £1,000 up to as much as £500,000.
  • You can manage and operate your money through your local branch.
  • Flexibility to make additions, or withdrawals to your account at any time.
  • A choice of having your interest paid monthly or annually.
  • Instant access to your savings.
  • You get a variable rate of interest.

With a minimum opening deposit of £1,000, it's easy to start saving.

What does AER mean?
Every savings product that shows an interest rate must show the AER. It stands for Annual Equivalent Rate and shows what the interest would be if it were paid and added each year. We do this so you can compare our accounts more easily.

Account Opening Requirements:

Well, first of all we recommend that you look at the full product brochure and terms & conditions. This will give you all of the information that you need to make the right decision and to make sure that this is the savings account for you.  Then either click the link below to see the next steps - or pop into your local branch and just ask.

Bradford & Bingley subscribe to the banking code, copies of which are available on our website, in our branches or can be requested by phoning our helpline.


How to Apply

or call us on 0845 600 8885* for an information pack

Product's Rate Detail

Balance AER AER
inc. bonus
Gross p.a.% Net p.a.% Monthly
Gross p.a.%
Monthly
Net p.a.%
Rate for Life (Branch) - Easy Access - Variable Rate
£1,000+ 5.25 n/a 5.25 4.20 5.13 4.10

* Calls may be monitored or recorded. Calls provided by BT will be charged at up to 4 pence per minute at all times. A set-up fee of up to 6 pence per call applies to calls from residential lines. Mobile and other providers' charges may vary.These charges may be subject to change in the future.

**Based on 696 variable interest rate accounts, 545 (78%) earn less than Bank of England base rate. Source: MoneyFacts on 02/06/08.

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