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Secure Trust Bank whips up a business saving storm

Secure Trust Bank whips up a business saving storm

Category: Business

Updated: 19/06/2017
First Published: 27/05/2011

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Secure Trust Bank has launched a long term bond which should take the business savings market by storm.

Paying a top rate of 5.10%, this five year fixed rate bond requires a minimum investment of £1K.

It welcomes additional investments while the issue remains open.

However, early access to funds is not allowed, meaning businesses and charities will have to be certain they can commit their funds for the full five year term.

A similar bond has also been launched for individual savers which pays the same excellent rate.

Four out of five Moneyfacts stars have been awarded.

Find the best savings rates for you - Compare savings accounts

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

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