AgriBank has reduced the rate paid on its five-year fixed rate bond, but despite this, it has failed to be knocked off its top spot on the charts, retaining its market-leading position.
The five-year version of Fixed Rate Savings Account now pays a rate of 3.15% yearly, the top rate for its term.
This account can be opened by post and online but it must then be operated by post. A minimum investment of £5,000 is required.
As is common in the fixed rate sector, no further additions or early access to funds are allowed. Savers must therefore ensure that they are happy and confident about the amount they invest and the length of the term from the beginning.
Savers on the hunt for a longer-term home for their savings are likely to still find this deal an attractive offer, especially as it has managed to retain its place right at the very top of the charts.
Moneyfacts rating: Excellent
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