Shepshed BS has entered the growing variable bond market with the launch of both a two and three year tracker bond.
The 2 Year Tracker Bond pays 3.00% yearly for two years and is guaranteed to be 2.50% above base rate.
The 3 Year Tracker Bond pays 3.25% yearly for three years and is guaranteed to be 2.75% above base rate.
On both accounts: no earlier access or additions are permitted, while there is a minimum investment of £500 (maximum (£100K).
The three year option is a market leader for its term, but this is a very limited field with only three bonds currently available.
The two year market is slightly bigger with 13 bonds available and the Shepshed product sits just below the market leader.
Four out of five Moneyfacts stars have been awarded.
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 Any products featured may be withdrawn by their provider or changed at any time.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.