BM Savings has increased the rates on its 2 Year Fixed Rate Bond by 0.45%, boosting its position in the medium-term bond market.
This competitive postal-only bond pays 2.35% to savers with deposits between £1 and £9,999, 2.55% for between £10,000 and £24,999, 2.65% for between £25,000 and £49,999 and 2.75% for investments between £50,000 and £10 million.
Further additions can be made whilst the issue remains open and early access to funds is permitted, although this is subject to penalty depending on the outstanding term of the deal.
Savers with up to two years left remaining will incur a 180 days' loss of interest penalty, whilst a 90 days' loss will apply to those with one year left to run.
This attractive bond pays a variety of competitive rates for savers looking for a flexible fixed-rate bond. Four out of five Moneyfacts stars have been awarded.
Find the best Fixed Rate Bonds
1 Year Fixed Rate Bonds
2 Year Fixed Rate Bonds
3 Year Fixed Rate Bonds
4 and 5 Year Fixed Rate Bonds
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 Any products featured may be withdrawn by their provider or changed at any time.
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