Shawbrook Bank has made a series of rate reductions, enhancing its presence across the fixed-rate bond market. Most notable is the five-year fixed rate deal which sits comfortably within the top ten of the best buy tables.
The 5 Year Fixed Rate Bond Issue 6 pays a yearly rate of 2.75% to savers with deposits between £5,000 and £2 million.
Further additions can be made whilst the issue is open, although withdrawal of funds is not allowed.
The account is available to savers aged 18 and over and can be operated by post or telephone.
This five-year bond offers investors with larger deposits a competitive rate of return. Four out of five Moneyfacts Stars have been awarded.
Compare the best savings rates4 & 5 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 Any products featured may be withdrawn by their provider or changed at any time.
Moneyfacts.co.uk will, like most other websites, place cookies onto your computer’s
hard drive. This includes tracking cookies.