Sainsbury’s Bank swoops into top 5 with bond - Savings - News - Moneyfacts


Sainsbury’s Bank swoops into top 5 with bond

Sainsbury’s Bank swoops into top 5 with bond

Category: Savings

Updated: 24/08/2012
First Published: 31/07/2012

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Sainsbury's Bank has launched a competitive new 2 year bond paying 3.65% on its anniversary.

Available to savers aged 18 and over with investments between £5,000 and £50,000, the Fixed Rate Saver sits comfortably within the top five of the two year bond market.

Early access to funds is not permitted, so savers must be willing to lock their money away for the duration of the term.

The account can be operated online or by telephone.

This bond has been awarded four out of five Moneyfacts stars.

What next?

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 Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Savings being used as a festive financial buffer

Good news from RCI Bank UK – its latest research shows that many of us are saving more than we were a year ago, but the question is, will you be dipping into that buffer to cover the cost of Christmas?

6 of the best easy access savings accounts

Easy-access savings accounts are as simple as they sound – they allow you to access your money whenever you need it, without having to give advance notice, and they also allow you to pay into them at any time. Here are six of the best.

Start saving for Christmas… 2017!

Christmas is just around the corner and our annual festive splurging is starting to step up, but are you prepared? It may be too late to start saving for this year’s festive spend, but it’s never too early to start for next year’s!