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FirstSave is back with a fixed rate bond bang

FirstSave is back with a fixed rate bond bang

Category: Savings

Updated: 04/04/2011
First Published: 14/09/2010

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 It is now over 6 months old so the content may be out of date.

FirstSave has re-entered the fixed rate bond market with a bang.

Its new one year fixed rate bond pays 3.00%, high enough to make it one of the market leading rates for the term.

Being an internet operated savings account, savers will have to be computer savvy.

It also needs to be borne in mind that as with many fixed rate bonds, there is no flexibility for withdrawals, so funds will have to be committed for the full term.

A two year version of the bond is also available, paying a rate of 3.25%.

Four out of five Moneyfacts stars have been rewarded for a return which was well worth waiting for.

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 Any products featured may be withdrawn by their provider or changed at any time.

 
 
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