Axis’ competitive 2yr bond | Product News - Moneyfacts

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Axis’ competitive 2yr bond

Axis’ competitive 2yr bond

Category: Savings
Date: 02/06/2014

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 It is now over 6 months old so the content may be out of date.

Axis Bank UK has reviewed its savings accounts with the two-year bond retaining its position in the Moneyfacts best buys.

The basics…

The two-year Fixed Deposit Account now pays from 2.15% on a £10,000 investment up to 2.30% on £50,000, and there is a monthly option paying slightly reduced rates (from 2.13% to 2.28%) for those that may want to draw an income.

The finer details…

The account can be opened and operated in branch and by post, and customers must be aware that they'll need to hold a current or savings account with the bank.

No further additions, withdrawals or early access is allowed so savers must be happy with the initial investment and the time it is locked away.

Why we like it…

Paying competitive rates of tiered interest, and with a monthly option available, this account will be an attractive option for those with the right investment amount.

Four Moneyfacts Stars have been awarded.

What Next?


Compare the 2 year fixed rate bonds

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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