News

Triple benefit with new deposit acccount

Zurich has launched the latest in its new range of deposit accounts. The Zurich Triple Account (ZTA) offers you three opportunities to earn interest during its five-year term. This includes a one-off fixed interest payment of 5% gross/0.98% AER at maturity; the possibility of earning up to a further 6.5% interest per year and a potential bonus payment of 20% at maturity.

Provided by Dunbar Bank, Zurich’s Triple Account is a deposit based account that enables you to link potential interest to the success of the 15 largest companies listed in the FTSE 100 index. It is not linked to changes in the Bank of England Base Rate.

Applications must be received by 8 June 2010 and those submitted by 11 May will be eligible for an early bird bonus of 0.33%.

Key features of this account include:

  • Capital protected
  • Interest on the ISA element is tax-free under current regulations
  • Minimum investment is £5,000
  • The first £5,100 of any investment can be the client’s Cash ISA contribution for the 2010/11 tax year.