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 It is now over 6 months old so the content may be out of date.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.

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