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 It is now over 6 months old so the content may be out of date.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

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 Any products featured may be withdrawn by their provider or changed at any time.

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