Vanquis Bank has reviewed its savings portfolio, which sees the rate on its popular one-year High Yield bond fall by 0.11%.
At 2.10%, this one-year fixed rate bond still maintains its competitive position in the top five within the Moneyfacts Best Buys.
The finer details….
Savers must deposit at least £1,000 in order to be eligible for this rate. This account can only be applied for online.
As is common with most short-term bonds, earlier access or additions are not allowed.
Why we like it….
Despite a rate reduction, this one-year fixed rate bond still maintains its competitive edge in the Moneyfacts Best Buys. As such it has been awarded four out of five Moneyfacts Stars.
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