Product focus: Fixed rate accounts - Savings - News - Moneyfacts

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Product focus: Fixed rate accounts

Product focus: Fixed rate accounts

Category: Savings

Updated: 15/11/2010
First Published: 15/11/2010

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 It is now over 6 months old so the content may be out of date.

In this uncertain climate, many savers prefer to invest their money in a fixed rate account as the products offer a guaranteed return.

Here's a selection of some of the best three year fixed bond saving rates available at present.

Bank of Cyprus UK – Bank of Cyprus UK Bond 121

This three year bond pays a rate of 4.15% on its anniversary. Savers can invest between £1 and £1m. Early access and further additions are not permitted. This account is available to all ages and can be operated in branch, online, by post or telephone.

Lloyds TSB – eBond

The Lloyds TSB three year fixed bond pays 3.75% on its anniversary. A monthly interest option is also available at 3.75%. Savers can invest between £2,000 and £1m. No early access is permitted. This bond is available to anyone 16 years and over and can only be operated by post. Click here to find out more about the Lloyds TSB eBond.

Post Office – Growth Bond Issue 13A

This bond from the Post Office pays a rate of 4.00% maturity.

  • 1 year term = 2.90% gross/AER fixed
  • 2 year term = 3.65% gross/AER fixed
  • 3 year term = 4.00% gross/AER fixed
  • Savers can invest between £500 and £1m. Early access is available on closure but will be subject to a breakage fee. No further additions are permitted. This account is available to all ages and can be operated online, by post or telephone. Click here to find out more about other online Post Office bonds.

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 Any products featured may be withdrawn by their provider or changed at any time.

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