FirstSave launches feisty fixed rate bond - Savings - News - Moneyfacts

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FirstSave launches feisty fixed rate bond

FirstSave launches feisty fixed rate bond

Category: Savings

Updated: 09/08/2012
First Published: 07/08/2012

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 It is now over 6 months old so the content may be out of date.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

What next?

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 Any products featured may be withdrawn by their provider or changed at any time.

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