Wesleyan Bank has increased the rate on its one year bond, making it the best option in its class.
The 1 Year Fixed Rate Deposit has had its rate increased by 0.15% to 3.55%.
Paying 3.55%, it now tops the table for short term fixed bonds.
Unlike many short term bonds earlier access is permitted subject to an interest penalty, but as this is a hefty 180 days' loss of interest investors should aim to invest funds for the full term.
Four out of five Moneyfacts stars have been awarded.
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