Chance to score with football bond
A new savings bond that could pay 3% interest – if Manchester United win the Premier League title and FA Cup in the new season – has been launched.
The Double Champions Bond, from Virgin Money, offers a fixed rate of 1% for one year – but this will rise to 3% if Manchester United do the double next season.
This means that, at the very least, savers will receive a rate of 1% for a year – but they could potentially end up with a “double interest” bonus – giving them a rate of 3%.
Savers opening the bond can put anything from £1 to £1m into it.