Bank of Cyprus UK increases 3yr bond rate | Product News | moneyfacts.co.uk

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Bank of Cyprus UK increases 3yr bond rate

Bank of Cyprus UK increases 3yr bond rate

Category: Savings
Date: 20/06/2014

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 It is now over 6 months old so the content may be out of date.

Bank of Cyprus UK has increased the rate on its 3-year fixed rate bond by 0.25%.

The basics…

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 finer details…

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.

Why we like it…

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.

What next?

Find the best savings rates.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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