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BM Savings introduces new ISA products

BM Savings has launched two new inflation rate bonds and inflation rate ISAs, with the option of a three-year or five-year term.

The bonds and ISAs track annual inflation while also offering a fixed interest rate of 0.5% on the five-year term or 0.25% on the three-year term.

John Bianco, head of BM Savings, said: “Since their launch in January 2011, we are very pleased to be able to continue to offer our very popular inflation rate accounts and are committed to offering accounts that help savers limit the impact of inflation on their savings pots.

“We are very proud to be the only provider offering a range of fixed-rate bonds and ISAs, which offer customers the opportunity to limit the impact of inflation on their savings.”

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