A one-year business bond has been launched by Cambridge & Counties Bank, paying a highly competitive rate and taking pride of place at the top of the fixed-rate market.
The 1 Year Fixed Rate Business Bond pays a rate of 2.20% upon maturity to investors with deposits of £10,000 and over.
Further additions and early access to money are not permitted during the term.
The account can be operated by post only.
This new deal has stormed to the top of the short-term business bond market. Investors would be wise to invest as much as possible upfront as further additions during the term are not allowed. Four out of five Moneyfacts Stars have been awarded.
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