Tesco Bank has entered the short term fixed rate savings market with the launch of two competitive new bonds.
The 1 Year Fixed Rate Saver is a telephone operated account with a minimum investment of £2K paying 2.95% yearly or monthly.
The 2 Year Fixed Rate Saver is a telephone operated account with a minimum investment of £2K paying 3.50% yearly or monthly.
On both accounts, no earlier access or additions are permitted.
The emergence of Tesco Bank in the fixed rate market is great news for investors looking for a good rate from a high street name.
At 2.95% for the one year option and 3.50% for the two year both are paying top ten rates for their respective terms.
Four out of five Moneyfacts stars have been awarded.
Check out our other Tesco Savings offers
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 Any products featured may be withdrawn by their provider or changed at any time.
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