Close Savings delivers golden savings rates - Savings - News | moneyfacts.co.uk

News

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

Close Savings delivers golden savings rates

Close Savings delivers golden savings rates

Category: Savings

Updated: 22/09/2011
First Published: 03/03/2011

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 It is now over 6 months old so the content may be out of date.

Close Savings has re-entered the fixed rate bond market after a fleeting absence with the launch of a couple of new market-leading accounts.

The 18 Month Premium Gold is an 18 month post and telephone operated fixed term account with a minimum investment of £10K paying 4.00% yearly.

The 3 Year Premium Gold is a three year post and telephone operated fixed term account with a minimum investment of £10K paying 5.00% yearly.

On both accounts: Earlier access and further additions are not permitted.

At 5.00%, the three year bond is paying a top rate for a straightforward bond and the 18 month option at 4.00% is a market-leading short term bond.

With rates this high they are unlikely to have a long shelf life so investors need to act fast. The minimum investment of £10K, whilst higher than some bonds, is not too onerous.

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 Any products featured may be withdrawn by their provider or changed at any time.

 
Close