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.
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.
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.
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.
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