Short term bond rate increase from Northern Rock

Category: Savings
Date: 3/5/2010

Northern Rock has increased rates on selected bonds, launching its one year product into the top ten in its field.

The one year fixed term account now pays a yearly rate of 3.15% (2.85% monthly) on a minimum investment of £1.

It is good to see Northern Rock buck the current trend of rate cuts, making this one year account very competitive.

Investors will need to commit fund for the full term as there is no flexibility for withdrawals.

Four out of five Moneyfacts stars have been awarded.

Compare fixed rate bonds
or take a look at our best sellers savings accounts

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 Any products featured may be withdrawn by their provider or changed at anytime.