Offshore rate up at Clydesdale International

Category: Offshore savings
Date: 5/28/2009

Clydesdale Bank International has increased the rates of two of its Fixed Term Deposits offshore accounts.

Its 36 month product now boasts a rate of 4.00% (+0.15%), while a 60 month deal now comes with a rate of 4.25% (+0.50%).

Monthly options have also been increased.

The amendments are in line with market trends, as longer term fixed rates are generally paying higher rates. Both bonds were already in the top six in their respective fields and these increases make them even more competitive.

Both have been awarded four out of five Moneyfacts stars.