Ford Money, the car manufacturer turned savings provider, now offers a competitive financial service product for your savings.
One of the latest products from Ford Money is their 1 Year Fixed Rate Bond that gives its customers the opportunity to access potentially higher interest rates than some traditional banks, whilst enjoying protection from the Financial Services Compensation Scheme (FSCS).
Features of the 1 Year Fixed Rate Bond
The 1 year Fixed Rate Bond enables you to lock up a sum of money for one year and accumulate competitive rates of interest. Find our savings rates table above forthe latest interest rate deals.
With Ford Money Fixed Rate Bonds you have the freedom to decide whether you receive the interest monthly or annually to suit your needs.
It should be noted that a minimum deposit of £500 is initially required to open an account. However, you can make further deposits after opening your account. Ford Money gives you a 14 day grace period, where you can make as many deposits as you want with a limit of £2m.
How Can I Access Ford Money 1 Year Fixed Rate Bonds?
Ford Money are committed to providing a simple, straightforward and efficient service for their customers. To access Ford Money’s 1 Year Fixed Rate Bond you can open up an account online in under 10 minutes. Alternatively, you can open an account through Ford Money’s UK-based call centre, which is open 24 hours a day 7 days a week.