Hot savings deals from Bank of Cyprus - Savings - News - Moneyfacts


Hot savings deals from Bank of Cyprus

Hot savings deals from Bank of Cyprus

Category: Savings

Updated: 12/10/2010
First Published: 12/10/2010

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Bank of Cyprus UK has delivered some late summer sun by increasing the rates on its fixed rate bonds.

Particularly hot are the one, two and three year offerings which pay 3.00%, 3.60% and 4.15% respectively, high enough to make them all market leaders in their fields.

As with most bonds, no earlier access or additions are permitted, so savers will need to be certain they can commit funds from the outset.

What is more, the Bank of Cyprus UK has also increased the rates available on its fixed term ISAs.

With the terms and rates matching those available through their fixed rate bonds, these cash ISA products are also market leaders.

In this instance, early access to funds is allowed on closure of the account and with the loss of 180 days' interest.

This scorching set of savings accounts earns four out of five Moneyfacts stars.

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 Any products featured may be withdrawn by their provider or changed at any time.

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