Sainsbury's Bank has launched a competitive one year Fixed Rate Saver, aimed at savers with at least £5,000 to invest.
The Fixed Rate Saver pays a rate of 3.26% on maturity and monthly. Investments range between £5,000 and £50,000.
Further additions are not permitted. As with the majority of fixed rate bonds, early access to funds is not allowed during the term of the deal.
The bond is available to savers aged 18 and over and can be operated by telephone or online.
This attractive bond pays a competitive rate to short-term investors. Sitting within the top ten one year bonds, this deal has been awarded four out of five Moneyfacts stars.
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