The minimum return for the seventh series of Cheshire Building Society’s Guaranteed Capital Plus Account 8, provided by Credit Suisse, has been raised to 21.75% from 19%.The five-year FTSE-linked cliquet offers the minimum at maturity of 21.75% and the sum of 20 quarterly performances, each capped at +/-2.5%. According to a source close to the provider, the rise reflects a recent rise in interest rates.
The product has a £3,000 minimum return and is available until 10 August.
This product will appear shortly in Recent Additions (UK).
