Offshore savings Updated:
The Co-operative Bank has increased the rates paid on a number of its offshore accounts.
The 1 Year Offshore Fixed Rate Bond now pays 3.50% yearly (3.43% monthly), while the two year account offers 3.75% yearly (3.68% monthly).
The 3 year fixed rate offshore account pays a rate of 4.00% (3.93% monthly).
Both the one and three year options paying 3.50% and 4.00% respectively, sit at the top of their sectors. The two year option paying 3.75% also sits towards the top of the medium term bond market.
As is common with fixed rate bonds, earlier access and further additions are not permitted.
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