Rate increases to its High Yield account range has resulted in Vanquis Bank's three year fixed rate bond storming into the best buy tables.
This account pays a fixed rate of 3.36% on its anniversary to savers with investments between £1,000 and £250,000.
The finer details….
A monthly rate of 3.31% is also available within the same investment brackets. Further additions and early access are not permitted.
The account is available to savers aged 18 and over and can be operated online only.
Why we like it…
This product offers a competitive rate of return to savers committed to locking their money away for three years. As a result this has been awarded four out of five Moneyfacts stars.
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