1-yr bond gets boosted to the top | Product News - Moneyfacts

Product News

1-yr bond gets boosted to the top

1-yr bond gets boosted to the top

Category: Savings
Date: 22/10/2015

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

United Trust Bank has increased the rate paid on its one-year fixed rate bond by 0.20%, catapulting it into a prime position on the Moneyfacts charts.

The basics…

UTB 1 Year Bond now pays 2.10% on maturity, a joint market-leading rate for its sector.

The finer details…

This account can be opened in branch by post and online, before becoming branch and postal-operated. It requires a minimum investment of £500.

As is common in the fixed sector, no additions or early access to funds are permitted. Savers must therefore be comfortable with the size of their original investment and the length of the term.

Why we like it…

The significant rate boost to this deal has pushed it straight into the charts, a move that is sure to attract savers who are looking for a highly competitive short-term home for their savings.

Moneyfacts rating: Excellent

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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

 
Close