Sainsbury's Bank has increased its five-year bond by 0.20%, pushing it into the top ten of the long-term bond market.
This fixed-rate bond pays a highly competitive rate of 2.65% on its anniversary and on a monthly interest basis.
Investments range between £5,000 and £50,000.
Further additions and early access are not permitted, so savers must be prepared to invest a lump sum for the duration of the five-year term.
This bond should attract plenty of interest from savers looking for a market-leading long-term investment from a well-known high-street name. Four out of five Moneyfacts stars have been awarded.
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