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Product focus: one year fixed rate bonds

Product focus: one year fixed rate bonds

Category: Savings

Updated: 10/02/2010
First Published: 10/02/2010

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 It is now over 6 months old so the content may be out of date.

Many of the current market leading savings rates, as featured on Moneyfacts.co.uk, are offered by online and overseas banks. Despite this, some more traditional savers feel more comfortable placing their funds with a high street name with whom they are familiar. The following accounts are the current top one year fixed rate bondsoffered by high street providers.

Derbyshire Building Society – Fixed Rate Bond Issue 187

This account pays a rate of 3.75pc on maturity. A monthly interest is also available at 3.65pc. Savers can invest between £100 and £1m. No early access is allowed, although further additions can be made while the issue is open. The account can be operated by savers of all ages in branch, by post or online.

National Counties Building Society – 38th Issue Savings Bond


This bond pays an annual rate of 3.25pc. Investments range between £1,000 to £150,000. Savers choosing the monthly interest option at 3.20pc need to invest a minimum deposit of £5,000. No early access or further additions are allowed. The account can be operated in branch, by post or online by savers aged 18 and over.

Leek United Building Society – Fixed Term Savings Bond


Leek United's one year bond pays a rate of 3.25pc on maturity. A monthly interest option is also available at 3.20pc. Savers can invest between £1,000 and £250,000. Early access is allowed, although this is subject to 120 days' loss of interest. Further additions are not allowed. The account can be operated by savers of all ages in branch or by post.

Find the best savings accounts for you - Compare short term 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 Any products featured may be withdrawn by their provider or changed at any time.

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