http://www.teletext.co.uk/personalfinance/productnews/default.aspxen-gbThu, 16 Jul 2009 15:47:22 GMThttp://www.teletext.co.uk/images/Logo64x64.gifhttp://www.teletext.co.ukCitigroup has announced the launch of its new Citibank Flexible Saver Account paying 3.06% gross, or 3.1% AER.<img src="http://feeds.feedburner.com/~r/news/finance/productnews/~4/755l3DinhvE" height="1" width="1"/>
The rate includes a fixed bonus of 2.06% for the first 12 months for new customers, after which a variable rate, currently 1%, will apply.

The account is available for deposits ranging from £1 to £1m. There is no notice period or penalties for withdrawal, the bank added.

]]>2a824aceab3e29039df62ffbf1f2cfb1http://feeds.teletext.co.uk/~r/news/finance/productnews/~3/755l3DinhvE/Citi's+flexible+deal.aspxhttp://www.teletext.co.uk/personalfinance/productnews/2a824aceab3e29039df62ffbf1f2cfb1/Citi's+flexible+deal.aspxhttp://www.teletext.co.uk/personalfinance/productnews/2a824aceab3e29039df62ffbf1f2cfb1/Citi's+flexible+deal.aspxThe Post Office has launched new growth bonds, providing savers with options for one, three and five-year terms.<img src="http://feeds.feedburner.com/~r/news/finance/productnews/~4/ExuAyd1J8mY" height="1" width="1"/>
The one-year bond pays 3.85% gross AER while the two-year account offers a return of 4.15%. The interest on a five-year bond is fixed at 4.3%.

The bonds, which are available for a limited period online, on the telephone and in branches, can be opened with a £500 minimum investment.

]]>9e626f743d6dec7adfc3d03d31ac7f50http://feeds.teletext.co.uk/~r/news/finance/productnews/~3/ExuAyd1J8mY/Post+Office+bond+offer.aspxhttp://www.teletext.co.uk/personalfinance/productnews/9e626f743d6dec7adfc3d03d31ac7f50/Post+Office+bond+offer.aspxhttp://www.teletext.co.uk/personalfinance/productnews/9e626f743d6dec7adfc3d03d31ac7f50/Post+Office+bond+offer.aspxConfused.com has launched a "gap" car insurance policy to protect consumers from depreciation if they have a crash.<img src="http://feeds.feedburner.com/~r/news/finance/productnews/~4/FUjJb0QMJyk" height="1" width="1"/>
Insurers only pay out what the car is worth, but the gap insurance will top up the payout to the purchase price.

]]>8eca1f060106a82f522350296e214f06http://feeds.teletext.co.uk/~r/news/finance/productnews/~3/FUjJb0QMJyk/Confused+gap+insurance+offer.aspxhttp://www.teletext.co.uk/personalfinance/productnews/8eca1f060106a82f522350296e214f06/Confused+gap+insurance+offer.aspxhttp://www.teletext.co.uk/personalfinance/productnews/8eca1f060106a82f522350296e214f06/Confused+gap+insurance+offer.aspxHSBC has announced details of its Student Bank Account for 2009, which includes a interest-free overdraft up to a maximum of &#163;2,000.<img src="http://feeds.feedburner.com/~r/news/finance/productnews/~4/GXli-DAJVRY" height="1" width="1"/>
An overdraft of up to £1,000 is available in the first year, rising to £2,000 in the fifth year depending on the course studied.

The account also includes two years free annual worldwide travel insurance and an optional fee-free credit card.

]]>1cb96df40a2d8644796d2ecf5b94ea02http://feeds.teletext.co.uk/~r/news/finance/productnews/~3/GXli-DAJVRY/HSBC's+student+account.aspxhttp://www.teletext.co.uk/personalfinance/productnews/1cb96df40a2d8644796d2ecf5b94ea02/HSBC's+student+account.aspxhttp://www.teletext.co.uk/personalfinance/productnews/1cb96df40a2d8644796d2ecf5b94ea02/HSBC's+student+account.aspxInternet bank Egg has launched a new credit card offering a package of rewards at an annual cost of &#163;12.<img src="http://feeds.feedburner.com/~r/news/finance/productnews/~4/dxoWqSOptII" height="1" width="1"/>
The Egg Money Mastercard provides 1% cashback on all purchases and discounts of up to 25% at selected online retailers including Lastminute.com.

The card also includes a 12-month extended warranty on electrical goods costing more than £50 and cover for event tickets worth more than £20.

]]>aecdf5a0cefd60c5082b8b1312386ebehttp://feeds.teletext.co.uk/~r/news/finance/productnews/~3/dxoWqSOptII/Egg's+credit+card+deal.aspxhttp://www.teletext.co.uk/personalfinance/productnews/aecdf5a0cefd60c5082b8b1312386ebe/Egg's+credit+card+deal.aspxhttp://www.teletext.co.uk/personalfinance/productnews/aecdf5a0cefd60c5082b8b1312386ebe/Egg's+credit+card+deal.aspxZurich has launched a five and a half year Guaranteed Capital Account that tracks the FTSE 100 and pays 100% of any gain in the index unless it grows by more than 80%.<img src="http://feeds.feedburner.com/~r/news/finance/productnews/~4/HdKrzxA4Uac" height="1" width="1"/>
Customers will receive a quarter of any growth in the index above the 80% threshold. The account accepts Isas.

The minimum investment is £2,500 and the maximum is £1m. A 3.25% initial commission is charged.

]]>3038b3f07a9446a978c7d468ccb1c885http://feeds.teletext.co.uk/~r/news/finance/productnews/~3/HdKrzxA4Uac/Zurich+offers+FTSE+tracker.aspxhttp://www.teletext.co.uk/personalfinance/productnews/3038b3f07a9446a978c7d468ccb1c885/Zurich+offers+FTSE+tracker.aspxhttp://www.teletext.co.uk/personalfinance/productnews/3038b3f07a9446a978c7d468ccb1c885/Zurich+offers+FTSE+tracker.aspxBritain&#39;s biggest building society Nationwide has launched a 125% mortgage for distressed borrowers.<img src="http://feeds.feedburner.com/~r/news/finance/productnews/~4/Lpg2QXiWP2A" height="1" width="1"/>
Nationwide said that its existing customers in negative equity would be offered its 95% loan-to-value deals, with rates of 6.73% fixed for three years or 7.48% fixed for five years.

The interest rates for the additional borrowing, up to another 30% - rise to 7.23% and 7.98% respectively.

]]>a70703c14ccda4a9d4a0ef857698f443http://feeds.teletext.co.uk/~r/news/finance/productnews/~3/Lpg2QXiWP2A/125+mortgage+launched.aspxhttp://www.teletext.co.uk/personalfinance/productnews/a70703c14ccda4a9d4a0ef857698f443/125+mortgage+launched.aspxhttp://www.teletext.co.uk/personalfinance/productnews/a70703c14ccda4a9d4a0ef857698f443/125+mortgage+launched.aspxLeeds Building Society has launched a five-year Fixed Rate Escalator Bond paying up to 6% in the final year.<img src="http://feeds.feedburner.com/~r/news/finance/productnews/~4/WTaYRCfdUUk" height="1" width="1"/>
The account pays 3.25% in the first year and 3.5%, 3.75%, 4% and 6% in subsequent years, giving 4.1 AER%. A monthly-interest option pays 3.92% AER.

The account allows unlimited access to 25% of the initial capital. The minimum investment is £1,000 and the maximum is £1m, or £2m for joint accounts.

]]>3e68262a5b05d06e77398e7b51938329http://feeds.teletext.co.uk/~r/news/finance/productnews/~3/WTaYRCfdUUk/Leeds+five-year+bond+pays+6.aspxhttp://www.teletext.co.uk/personalfinance/productnews/3e68262a5b05d06e77398e7b51938329/Leeds+five-year+bond+pays+6.aspxhttp://www.teletext.co.uk/personalfinance/productnews/3e68262a5b05d06e77398e7b51938329/Leeds+five-year+bond+pays+6.aspx