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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