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FirstSave offers first class fixed rate bonds

FirstSave offers first class fixed rate bonds

Category: Savings

Updated: 14/03/2011
First Published: 14/03/2011

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 It is now over 6 months old so the content may be out of date.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 overhauled its fixed rate savings offerings to startling effect.

Its One Year Fixed Rate Bond now pays 3.40% to move into the top five ranking bonds over this term, while the two year bond at 3.50% has also improved its position.

Meanwhile, the firm has expanded its portfolio with the launch of a new six month bond which pays 3.00% and a new two year loyalty bond for existing customers at 3.60%.

All the bonds offer a monthly option, at a slightly reduced rate, which is ideal for savers looking for an income from their investment.

However, early access to funds is not allowed, making it essential that savers can live without their money for the specified term.

Four out of five Moneyfacts stars have been awarded.

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 Any products featured may be withdrawn by their provider or changed at any time.

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