The AA is on the right road with the launch of its new Five Year Fixed Rate Savings Account.
A postal operated account requiring a minimum investment of £500, it pays 5.15% yearly (5.03% monthly), high enough to send it towards the top of the five year bond charts.
Applications can be made by phone or online, while additional investments are allowed while the issue remains open.
The monthly option will be of use to those looking for a regular income, while early access is available for the loss of 90 days' interest.
A good all round product, four out five Moneyfacts stars is a well earnt reward.
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