CashCade offers choice between cash and index returns

The 100% capital protected deposit enables investors to participate in the rise of the FTSE 100 and to switch the trade into cash (traditional interest is linked to Libor) immediately, however the interest payment be switched back to the FTSE-linked option on only four days in each year. All plans are initially set up as index-linked, with the exposure to the index allocated at the start of every quarter. After one year, any rise in the index is locked in and paid as interest: investors can wait

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