Chart places for new 1 & 2-yr fixed bonds | Product News - Moneyfacts

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Chart places for new 1 & 2-yr fixed bonds

Chart places for new 1 & 2-yr fixed bonds

Category: Savings
Date: 18/04/2016

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 It is now over 6 months old so the content may be out of date.

Close Brothers Savings has unleashed competitive one and two-year fixed bonds onto the market, and thanks to their eye-catching rates and terms, they have both secured places on the Moneyfacts charts.

The basics…

The one-year version of Fixed Term Deposit has a competitive yearly rate of 1.70% yearly, while the two-year variant pays 1.95% yearly. As a result, both sit among the top 10 accounts of their respective sectors.

The finer details…

These postal-operated accounts can be opened with a minimum deposit of £10,000. Neither additional deposits nor early access to funds are allowed, so savers must ensure that they are happy with their initial investment and the length of their chosen term.

Why we like them…

Savers who have a generous savings pot to invest will welcome these two newcomers: both pay top 10 rates, so provided the investor is comfortable locking their money away they could be an ideal home for a larger savings pot.

Moneyfacts rating: Excellent

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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