Close Brothers Savings boosts rates | Product News - Moneyfacts

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Close Brothers Savings boosts rates

Close Brothers Savings boosts rates

Category: Savings
Date: 03/09/2015

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 It is now over 6 months old so the content may be out of date.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 raised the rates of selected fixed rate bonds by 0.10%, earning two of its deals prime positions on the Moneyfacts charts.

The basics…

The two-year version of Online Fixed Term Deposit now pays 2.20% yearly, a top 10 rate for its term, while its five-year counterpart pays 2.95% to see it comfortably take its place among its competitors.

The finer details…

These internet-operated accounts require initial investments of at least £10,000, making them ideal for those with a significant lump sum to invest. As is common in the sector, no flexibility for further additions or early access is offered, so savers will need to be comfortable with their chosen term from the outset.

Why we like it…

Close Brothers Savings' latest review ensures that its fixed rate bonds will be noticed by eager savers looking for a healthy return on their investment, with both versions securing comfortable positions in the top 10.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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