First Save will launch a new one year fixed rate bond on 23 January 2009.
The bond, an internet operated account, can be opened with a minimum investment of £1K (£5K for the monthly option) and will pay 4.25% on maturity (4.17% monthly).
Our tip: this bond does not allow any early access to your cash, so be sure you can leave it alone for the whole term. A year can be a long time if you can't get hold of your money and you wish you could.
This bond currently sits in the top three of our one year fixed rate table and earns four out of five Moneyfacts stars.
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