BM’s competitive one-year bond | Product News - Moneyfacts

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BM’s competitive one-year bond

BM’s competitive one-year bond

Category: Savings
Date: 13/06/2014

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 It is now over 6 months old so the content may be out of date.

BM Savings has increased the rate on its one-year bond by 0.15% and it moves into the Moneyfacts best buys.

The basics…

Now paying 1.75% on a minimum investment of just £1, this fixed rate bond should be popular with savers looking for a short-term home for their money.

The finer details…

The account can be opened by telephone or online but must then be operated by post.

No further additions or earlier access are allowed.

Why we like it…

This rate increase from BM Savings means their short-term bond is a competitive option, but with no earlier access customers must be happy to lock their money away for the year.

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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

 
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