Northern Rock delivers winning savings review - Savings - News - Moneyfacts

News

Northern Rock delivers winning savings review

Northern Rock delivers winning savings review

Category: Savings

Updated: 08/06/2010
First Published: 08/06/2010

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 It is now over 6 months old so the content may be out of date.
Northern Rock has reviewed its fixed rate bonds, giving savers a boost in the process.

Paying 3.00%, its one year fixed rate bond has improved its position within the short term savings market.

Requiring a minimum investment of just £1, it should prove popular with savers looking for a short term home for their funds.

Meanwhile, the five year fixed rate bond paying 4.50% represents one of the top rates around and should also prove popular.

Savers will need to be sure they can commit their funds for the full term, as there is no flexibility for withdrawals.

However, four out of five Moneyfacts stars is still the well deserved reward.

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 Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Savings being used as a festive financial buffer

Good news from RCI Bank UK – its latest research shows that many of us are saving more than we were a year ago, but the question is, will you be dipping into that buffer to cover the cost of Christmas?

6 of the best easy access savings accounts

Easy-access savings accounts are as simple as they sound – they allow you to access your money whenever you need it, without having to give advance notice, and they also allow you to pay into them at any time. Here are six of the best.

Start saving for Christmas… 2017!

Christmas is just around the corner and our annual festive splurging is starting to step up, but are you prepared? It may be too late to start saving for this year’s festive spend, but it’s never too early to start for next year’s!
 
Close