Shawbrook launches 2-year bond at 2.10% AER

The new issue (No.18) is available today online through the bank’s Personal eSavings internet banking, by phone or postal application.

James Blower, Director of Savings at Shawbrook Bank said:

“Yet again Shawbrook is leading the way in championing the British saver with our consistently competitive rates.

“This new offering sits perfectly alongside our other recently issued 3 and 5 Year Fixed Rate Bonds and 95 and 120 Day Notice Accounts, giving our customers a competitive selection of savings products to choose from.”

Savers who are permanently resident in the UK can invest any amount from £5,000 to a maximum of £2m with the interest paid either gross or net according to an individual’s tax status on 31st December each year and on maturity.  Deposits are also allowed up to the maximum account balance while the product is still available.