2-yr fixed rate bond goes straight to the top | Product News - Moneyfacts

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2-yr fixed rate bond goes straight to the top

2-yr fixed rate bond goes straight to the top

Category: Savings
Date: 15/12/2014

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 It is now over 6 months old so the content may be out of date.

Secure Trust Bank has unveiled a new two-year savings bond, which has shot straight to the top of the Moneyfacts charts for its competitive terms.

The basics…

Fixed Rate Bond 2 Year Term (Series 10) has a rival-beating rate of 2.33% per annum fixed until 31.1.17, a market-leading rate for its sector.

The finer details…

This account must be opened online with a minimum investment of £1,000, and then managed by post or phone.

Further additions can be made while the issue remains open, but early access to funds is not permitted, so savers must be comfortable with the length of the two-year term.

A non-personal version of this account paying the same rate is also available for businesses.

Why we like it…

This account boasts a market-leading rate for its sector, which is bound to catch the eye of eager investors. While early access is not permitted, the option to add funds while the issue remains open adds some welcome flexibility, ensuring the popularity of this deal.

Four Moneyfacts Stars have been awarded.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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