5-yr fixed rate holds on to pole position | Product News - Moneyfacts

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5-yr fixed rate holds on to pole position

5-yr fixed rate holds on to pole position

Category: Savings
Date: 08/10/2015

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 It is now over 6 months old so the content may be out of date.

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 basics…

The five-year version of Fixed Rate Savings Account now pays a rate of 3.15% yearly, the top rate for its term.

The finer details…

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.

Why we like it…

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

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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