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Here's a chance to get your hands on a superb rate, with a guaranteed rate of return.
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3.00% gross pa/AER fixed for a two year term.
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Minimum deposit just £1,000 and a maximum of £2,000,000.
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To take out this bond, you'll need an Egg Savings Account. If you haven't got an Egg Savings Account yet, you can
open a savings account now with just £1.
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Once you've opened your Bond that's it for the term - you can't make additional deposits.
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No withdrawals are permitted during the two year term.
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Early closure would lead to a charge.*
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Offer ends 30 December 2009.
Please ensure that you read the information below before applying for this product.
See the
Egg Fixed Rate Bond Summary Box for more information on account features.
*Early closure would lead to a charge, which will be determined by the initial deposit, the number of days remaining in your Bond and the cost to us of replacing these funds at market rates. We will notify you of the amount before we close the Bond.
The Egg Fixed Rate Bond (Egg 2 Year Fixed Bond 2) (the "Bond") is only available to Egg Savings Account customers whose applications and cleared deposits are received by 30 December 2009. The Bond is subject to availability and may be withdrawn at any time. We reserve the right to refuse any application to open a Bond. The Bond is for a two year term. All deposits received for the Bond must be first deposited in the applicant's Egg Savings Account (excluding Egg Cash ISA accounts) and subject to us having accepted your application the funds will then be deposited into the Bond the following business day. The Bond is provided by Egg Banking plc. The minimum deposit is £1,000 and the maximum is £2,000,000. Please refer to the special conditions for full details.
The gross rate is the contractual rate before deduction of tax at the rate specified by law.
AER means the Annual Equivalent Rate and is a notional rate which illustrates the contractual interest rate as if paid and compounded on an annual basis.
As every advertisement for a savings product which quotes an interest rate will contain an AER, you will be able to compare more easily what return you can expect from your savings over time.
Interest will be paid on the first anniversary of the Opening Date and on maturity of the Bond.
Calls to Egg may be monitored and/or recorded.
Egg Banking plc is licensed by the Office of Fair Trading to supply credit. Our licence number is 410357. For all other activities we are authorised and regulated by the Financial Services Authority. Our FSA reference number is 205621. Registered in England number: 2999842. Registered Office: Citigroup Centre, Canada Square, London E14 5LB.
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