Progressive Building Society's new two year variable rate bond ticks all the right savings boxes.
Paying 3.25%, it is the top variable rate bond for a similar term.
However, with two year fixed rate bonds offering better rates at present, savers will need to decide whether they think the base rate will rise in the near future or not.
As no earlier access is permitted, savers will also need to ensure that they can definitely live without their funds during the term.
For a cracking rate, this savings deal earns four out of five Moneyfacts stars.
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