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 Any products featured may be withdrawn by their provider or changed at any time.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