Principality BS has boosted its medium and long term bond offerings.
The Fixed Rate Bond Issue 196 is a three year fixed term account with a minimum investment of £500 paying 4.26% yearly (4.18% monthly).
Earlier access is allowed on closure only and is subject to a 270 day loss of interest.
Issue 197 of the Fixed Rate Bond is a five year fixed term account with a minimum investment of £500 paying 5.01% yearly (4.90% monthly). Earlier access is allowed on closure only and incurs a 360 day loss of interest.
On both accounts: additions are allowed whilst the issue remains open.
These substantial increases to the longer term bonds have pushed them to the top of each respective table. The ability to close the accounts early - albeit with substantial penalties - will only add to their appeal.
Four out of five Moneyfacts stars have been awarded.
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