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Atom improves fixed bonds

Atom improves fixed bonds

Category: Savings
Date: 17/08/2017

Atom Bank has increased its fixed rates by 0.10%, which sees its one, two and five-year deals climb the charts, while its three-year bond becomes number one in the Best Buy chart for its sector. All earn a high rating.

The basics…

The 1 Year Fixed Saver now boasts a rate of 1.95%, paid on its anniversary, while the two-year equivalent pays a near market-leading 2.10%, the three-year pays a joint market-leading 2.25% and the five-year pays the joint-top rate over its term of 2.50%. Monthly versions of the accounts which pay slightly reduced rates are also available.

The finer details…

The accounts, which can only be managed through the bank's own mobile app, require a minimum investment of £50. They allow additions for one week from account opening, but no early access, so savers will have to ensure they are happy to part with their funds for the whole of the chosen term.

Why we like them…

The improved and often (near) market-leading rates on these bonds are more than enough to see them climb up the Best Buy charts and earn a high rating.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
 
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