FirstSave launches best buy deal - Savings - News - Moneyfacts


FirstSave launches best buy deal

FirstSave launches best buy deal

Category: Savings

Updated: 30/01/2013
First Published: 30/01/2013

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 It is now over 6 months old so the content may be out of date.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 launched a new issue of its two-year fixed rate bond paying a reduced rate of 2.65% yearly.

The basics…

Issue 15 offers a competitive savings rate of 2.65% to savers wishing to tie funds up for two years. For those looking to supplement their income, a monthly option paying a slightly-reduced rate of 2.62% is also available.

The finer details….

Savers opting for the monthly option will need to invest a minimum of £5,000, while those choosing the yearly option will only need to invest a minimum of £1,000.

Savers must remember that they will not be able to access funds early or make further additions during the term.

Why we like it….

Despite the rate reduction, this two-year fixed rate bond remains in the Moneyfacts Best Buy charts. As such it has earned four out of five Moneyfacts Stars.

What next?

Find the best Fixed Rate Bonds
Compare the best 2 yr fixed rate 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 Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

6 of the best monthly interest savings accounts

Monthly interest savings accounts pay interest on your savings each month – as opposed to yearly – and therefore allow you to take a regular income from your hard-earned cash.

Savings being used as a festive financial buffer

Good news from RCI Bank UK – its latest research shows that many of us are saving more than we were a year ago, but the question is, will you be dipping into that buffer to cover the cost of Christmas?

6 of the best easy access savings accounts

Easy-access savings accounts are as simple as they sound – they allow you to access your money whenever you need it, without having to give advance notice, and they also allow you to pay into them at any time. Here are six of the best.