Offshore savings Updated:
The Co-operative Bank has increased the rate paid on its three year offshore account.
The interest paid on the 3 Year Fixed Term Deposit has been upped to 3.75% (+0.25%). Monthly options have also been increased.
This is a welcome move by The Co-operative Bank and should prove popular with offshore investors looking to fix their rate.
The new and improved rate is the best available in its field, although investors should be aware that no early access or additions are permitted.
Four out of five Moneyfacts stars have been awarded.
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