Sainsbury’s Bank ups three year rate - Savings - News - Moneyfacts


Sainsbury’s Bank ups three year rate

Sainsbury’s Bank ups three year rate

Category: Savings

Updated: 14/02/2013
First Published: 01/05/2012

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 It is now over 6 months old so the content may be out of date.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 improved its three year fixed savings account.

The three year Fixed Rate Saver pays 3.85% yearly or monthly, and is operated online or by phone.

No earlier access or additions are permitted and a minimum investment of £5K is required (maximum £50K).

A top five paying rate, four out of five Moneyfacts stars have been awarded.

Compare Medium Term Fixed Rate Bonds - Our team of independent experts have selected ten Best Buy two & three year 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 Any products featured may be withdrawn by their provider or changed at any time.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 rates plummet to fresh lows yet again

It’s becoming a recurring theme, and unfortunately, it’s showing no signs of stopping. Savings rates have plummeted to fresh lows once again as the impact of the base rate cut continues – and this month, product availability has followed.

Less than half of savings accounts beat inflation

Official figures show that inflation jumped up during September, with CPI rising to 1%. Not only does this mean that consumers may begin to feel the impact on their wallets, but there are now far fewer savings accounts that will beat inflation.

Number of savings accounts falls to record low

As if the continued drop in savings rates wasn’t bad enough, our latest research reveals another blow to already hard-pressed savers, with the number of accounts available having fallen to a record low.