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Bradford & Bingley offers new one-year fixed rate eBond

Bradford & Bingley has launched its new one-year fixed rate eBond at 6.40% pa gross/AER, designed to appeal to online savers.

The limited edition bond has a minimum deposit requirement of GBP1,000, with a maximum balance extending to GBP2 million.

No further deposits or withdrawals are permitted until the account matures on the anniversary of its opening.

Paul Whitlock, head of savings at Bradford & Bingley, said: Our one-year eBond is ideal for online savers who are looking to lock into a market-leading fixed rate. Available for a limited period only, savers will need to act fast to snap up this great rate.