2-yr bond stays within the top 10 | Product News - Moneyfacts

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2-yr bond stays within the top 10

2-yr bond stays within the top 10

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 It is now over 6 months old so the content may be out of date.

Close Brothers Savings has reduced the rate paid on its two-year fixed bond, but despite this, it has remained among the top 10 accounts of its sector thanks to its ongoing appeal.

The basics…

The two-year version of Fixed Term Deposit now pays a still-competitive rate of 2.15% yearly, enabling it to say in the Moneyfacts charts.

The finer details…

This account can be opened and operated by post and online with a minimum deposit of £10,000.

As is common within this market, no further additions or early access to funds are allowed. Savers must therefore be happy to lock their investment away for the full length of the two-year term.

Why we like it…

For savers who already have a fairly sizeable savings pot to invest, this deal is likely to appeal thanks to its competitive rate and position among the top accounts of its sector.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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