Close Brothers Savings has secured another chart place with its new five-year fixed rate deal, which has won an 'excellent' rating for its competitive rate and terms
The five-year version of Online Fixed Term Deposit pays a competitive rate of 2.85% yearly, enabling it to sit comfortably in the charts.
This account must be opened and operated online with an initial investment of at least £10,000.
As with most other fixed rate deals, this account does not allow further additions or early access to funds. Savers must therefore be comfortable with the amount they invest and the length of the term from the beginning.
Internet investors on the hunt for a longer-term home for their savings are likely to be intrigued by this latest offer, which pays an attractive top-10 rate. However, this bond will best suit those who are confident about locking their money away, as there is no facility for early access should the need arise.
Moneyfacts rating: Excellent
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