Vanquis Bank has increased the rates across its High Yield fixed savings range, which sees all of the products move up the Moneyfacts Best Buy charts.
The three, four and five-year options of the High Yield accounts now pay rates of 2.61% yearly (or 2.58% monthly), 2.91% yearly (or 2.87% monthly) and 3.12% yearly (or 3.08% monthly) respectively.
For all three products savers must invest a minimum of £1,000 up to a maximum of £250,000.
Further additions or early access to funds will not be permitted.
This review sees Vanquis Bank's High Yield accounts now pay market-leading rates. The four-year option offers the highest rate in its sector, while the three and five-year deals sit just below the market leaders.
Four Moneyfacts Stars have been awarded.
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