BM Savings has launched a one-year bond paying a range of competitive rates over differing investment tiers.
Savers with investments between £1 and £9,999 will receive a rate of 2.15% whilst deposits between £10,000 and £24,999 will see a return of 2.35%. Savers with deposits of £25,000 and £49,999 will receive 2.55%, whilst those with higher deposits between £50,000 and £10 million will receive 2.75%.
Further additions are not permitted with this bond. Early access is allowed, subject to a 90 days' loss of interest penalty.
The account can be operated by post by savers aged 16 and over.
This one-year bond offers the attractive combination of competitive rates and flexibility with accessing funds.
Savers must be willing to place as high a deposit as possible to achieve the best return, owing to the fact that no further additions are accepted once the issue is open.
Four out of five Moneyfacts stars have been awarded.
Find and compare the best savings rates
Find the best 1 year fixed rate bonds
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 Any products featured may be withdrawn by their provider or changed at any time.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.