Bank of London and the Middle East ups fixed rate | Product News - Moneyfacts

Product News

Bank of London and the Middle East ups fixed rate

Bank of London and the Middle East ups fixed rate

Category: Savings
Date: 04/03/2013

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 It is now over 6 months old so the content may be out of date.

The Bank of London and the Middle East has increased the rate on its Sharia'a compliant Premier Deposit Account, pushing it into the top ten of the medium-term fixed rate bond sector.

The basics…This account pays an indicative profit rate of 2.50% on its anniversary.

The finer details….Between £25,000 and £2 million can be invested in this bond. Further additions and early access are not permitted.

The account is available to savers aged 18 and over and can be operated online only.

Why we like it….This competitive bond offers a good savings package to investors looking to lock their money away for a two-year period. Four out of five Moneyfacts Stars have been awarded.

What next?

Search all savings accounts
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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
Close