Barnsley BS hits savings rivals for six - Savings - News - Moneyfacts

News News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

Barnsley BS hits savings rivals for six

Barnsley BS hits savings rivals for six

Category: Savings

Updated: 25/11/2009
First Published: 10/11/2009

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Barnsley BS has hit the competition for six with the launch of its Three Year Online Bond.

A fixed term internet operated account, the bond pays 4.80% yearly (4.70% monthly) to leave it high up the rankings in the three year fixed rate bond market.

A minimum investment of £100 is required, with further additions allowed while the issue remains open.

However, early access to your funds is not permitted before the end of the term, making it essential to work out exactly how much money you can afford to set aside.

The excellent rate means this product earns four out five Moneyfacts stars.

Compare online savings accounts

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Just 44 savings accounts beat inflation

Inflation recorded another large jump during December, and predictably, this has had a devastating impact on the number of savings accounts that beat it, so much so that you’ll need to lock your money away if you want an inflation-beating return.

Just 47% have money in a savings account

We’re often told of the importance of saving, yet unfortunately, the message doesn’t always get through. Indeed, research shows that just 47% of those surveyed have money in a savings account, and 17% have no savings or investment whatsoever.

How much will you save this year?

Many of us have set savings goals for the year ahead, and planning to budget better and save more will be at the top of many financial resolution lists. But how much are you hoping to squirrel away? Encouragingly, many people have impressive targets.