N&P raises rates on bonds and ISAs

N&P raises rates on bonds and ISAs

Norwich & Peterborough Building Society (N&P) this week announced plans to increase the interest rates on its ISAs and fixed rate bonds.

Rates on its two and five year fixed rate ISAs increased to 3.05% and 4.55% respectively.

Three and five year fixed rate bonds at the building society now pay up to 4.3% and 5.05% respectively.

N&P also announced the launch of a new three year e-bond, to be released on 7 August.

“These are very good rates for customers looking for a better return on their savings with a provider they can trust,” said Richard Barker, N&P product manager.

“Our aim is to help our customers to be on top of money and getting a better return, even in a low interest rate environment.”

N&P is the top rated internet bank for ethical investors at ethical comparison site ethiscore.org.

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