Birmingham Midshires has launched a couple of new fixed bonds that pay markedly more than the rest of the products in their class.
The 2 Year Fixed Rate Bond is a postal operated account with a minimum investment of £1 paying 3.85% yearly (3.78% monthly).
The 2 Year Internet Fixed Rate Bond is operated online and pays a yearly rate of 3.85% (3.78% monthly) on a minimum investment of £1.
On both accounts: earlier access is subject to 180 days' loss of interest in year one and 90 days' in year two. Additions are permitted whilst the issue remains open.
This latest addition to Birmingham Midshires' existing portfolio of fixed rate bonds takes pole position, well ahead of the market leaders, at 0.10% above its nearest rival when compared to other two year fixed products.
Four out of five Moneyfacts stars have been awarded.
Find the best savings rates for you - Compare 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 Any products featured may be withdrawn by their provider or changed at any time.
Moneyfacts.co.uk will, like most other websites, place cookies onto your computer’s
hard drive. This includes tracking cookies.