FirstSave has launched the Postal 1 Year Fixed Rate Bond paying a competitive 3.25% on maturity.
Savers can invest between £25,000 and £2 million. Further additions and early access are not permitted, so investors must be willing to lock money away for the twelve month term.
The bond is available to savers aged 18 and over and, as the name suggests, can be operated by post. Applications to open the account can be made online, however.
This product sits comfortably within the current top ten one year bonds market and has been awarded four out of five Moneyfacts stars.
Compare top 1 year fixed rate bonds for a short term investment
What is a savings bond?
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 Any products featured may be withdrawn by their provider or changed at any time.
Moneyfacts.co.uk will, like most other websites, place cookies onto your computer’s
hard drive. This includes tracking cookies.