Wesleyan Bank has launched a highly competitive five-year bond for savers with investments of £1,000 and over.
The Fixed Rate Deposit bond pays an annual rate of 3.00% for deposits between £1,000 and £250,000.
Further additions are not permitted whilst the issue is open, although early access to funds is allowed subject to a 180 days' loss of interest penalty.
This account can be operated online only by savers aged 18 and over.
This attractive bond should appeal to savers with large deposits looking to invest over the long term. Four out of five Moneyfacts stars have been awarded.
Compare the best savings rates4 & 5 year fixed rate bonds
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