Investec Bank reveals fixed rate offerings

Category: Savings
Date: 12/19/2011

Investec Bank has propelled itself into the fixed rate savings market with the launch of a one and a two year account.

With the one year option paying 3.55% on maturity and the two year paying 4.00%, both sit just below the current market leaders in their respective fields.

The minimum investment of £25K might rule some savers out of the reckoning, while additional investments are not welcome.

As is also common with fixed term accounts, earlier access to funds is not allowed either.

The accounts can be operated by post, telephone or via the internet.

Four out of five Moneyfacts stars are a fitting reward.

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