3-yr bond moves up the charts | Product News - Moneyfacts

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3-yr bond moves up the charts

3-yr bond moves up the charts

Category: Savings
Date: 24/06/2015

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 It is now over 6 months old so the content may be out of date.

Hampshire Trust Bank has increased the rate of its three-year bond by 0.15%, enabling it to improve its position in the Moneyfacts charts.

The basics…

HTB 3 Year Bond Issue 4 now pays a competitive rate of 2.50% yearly, allowing it to retain a very comfortable place among the top 10 accounts of its sector.

The finer details…

This account must be opened and operated by post with a minimum deposit of £1,000.

As with many fixed rate accounts, this deal does not allow further additions or early access to funds. Savers must therefore be comfortable locking their initial investment away for the full three-year period.

Why we like it…

The rate increase to this account has boosted its place in the charts, a development that is sure to raise its profile among savers. However, this account will only be suitable for those who are happy locking their money away, as access prior to maturity is not permitted.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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