Bank of Cyprus UK has increased the rate on its 3-year fixed rate bond by 0.25%.
Now paying a competitive 2.50% yearly, this bond moves into Moneyfacts best buys.
A business/charity version of the bond paying the same rate is also available.
The account can be opened and operated through branch, post, telephone and the internet.
A minimum investment of £1,000 is needed but no withdrawals or further additions are permitted.
Paying a competitive rate of interest, and with the ability to access and operate the account via all channels, this product is a good option for those who are happy to lock their money away for three years.
Four Moneyfacts Stars have been awarded.
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 Any products featured may be withdrawn by their provider or changed at any time.
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