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Product Focus: Fixed Rate Bonds

Product Focus: Fixed Rate Bonds

Category: Savings

Updated: 26/01/2010
First Published: 30/06/2009

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 It is now over 6 months old so the content may be out of date.

There is lots of different opinion over when and by how much the Bank of England will increase the base rate in the coming months and years ahead. With so much uncertainty many savers looking for top rate in fixed rate bonds are only willing to lock their money away for no more than two years.

Close Brothers – Two Year Premium Gold

Close Brothers is offering a marketing leading rate over two years of 4.50pc on its Two Year Premium Gold account. Savers can invest up to £10m into the bond, which is operated by post, fax or telephone. Once opened further additions and access to funds are not permitted.

Ruffler Bank – Fixed Rate Bond

Ruffler Bank is offering savers who commit funds for two years a rate of 4.36pc through its Fixed Rate Bond. Savers can invest between £10,000 and £500,000 into the bond, which is operated by post or fax. Before committing funds savers need to ensure they won't need the money as earlier access is not permitted during the two year term.

Skipton Building Society – Online Limited Edition Fixed Rate Bond

Savers who operate their account online are being offered a rate of 3.85pc from on its Online Limited Edition Fixed Rate Bond. Those looking for a regular income can opt for monthly interest at a rate of 3.75pc. The Bond matures on 28 February 2010 and savers can invest between £500 and £1m. Savers are permitted to make further additions whilst the bond remains open, but access is not permitted during the term.

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 Any products featured may be withdrawn by their provider or changed at any time.

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