18-month bond stays in the charts | Product News - Moneyfacts

Product News

18-month bond stays in the charts

18-month bond stays in the charts

Category: Savings
Date: 19/01/2016

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 It is now over 6 months old so the content may be out of date.

Charter Savings Bank has reduced the rate paid on its 18-month fixed bond; however, it has retained its coveted place on the Moneyfacts charts in spite of this, thanks to its continued competitiveness.

The basics…

The 18-month version of Fixed Rate Bond now pays 1.95% yearly (1.93% monthly), which enables it to continue to sit comfortably among the top 10 accounts of its sector.

The finer details…

This account must be opened and operated online with an initial investment of at least £1,000.

Additional deposits can be made for up to 14 days after the account has been opened but early access to funds is not permitted. Savers must therefore ensure that they are comfortable locking their money away.

Why we like it…

This deal may have had a slight rate reduction, but this has not dented its competitiveness in the slightest. Indeed, it maintains its place on the charts and continues to offer savers an attractive rate, as well as a monthly interest option, which will continue to appeal to those who are seeking to secure a decent return.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.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