Cheshire BS increases one year bond rate - Savings - News - Moneyfacts


Cheshire BS increases one year bond rate

Cheshire BS increases one year bond rate

Category: Savings

Updated: 04/10/2011
First Published: 04/10/2011

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 It is now over 6 months old so the content may be out of date.

Cheshire BS has increased the rate paid on its one year fixed rate bond, making it one of the best choices in its market.

The one year fixed rate bond pays a rate of 3.55% yearly (3.45% monthly).

This fixed rate review mirrors that of others within the Group and sees rates increase across all terms, now benefiting from flat rates from the low minimum investment of £100.

Paying 3.55% for a one year term, this is a market-leading rate. As with many bonds there is no flexibility for withdrawals during the term.

It also offers a highly competitive rate for those looking for a monthly income.

Four out of five Moneyfacts stars have been awarded.

Find the best savings rates for you - Compare 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 Any products featured may be withdrawn by their provider or changed at any time.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

Savings being used as a festive financial buffer

Good news from RCI Bank UK – its latest research shows that many of us are saving more than we were a year ago, but the question is, will you be dipping into that buffer to cover the cost of Christmas?

6 of the best easy access savings accounts

Easy-access savings accounts are as simple as they sound – they allow you to access your money whenever you need it, without having to give advance notice, and they also allow you to pay into them at any time. Here are six of the best.

Start saving for Christmas… 2017!

Christmas is just around the corner and our annual festive splurging is starting to step up, but are you prepared? It may be too late to start saving for this year’s festive spend, but it’s never too early to start for next year’s!