Secure Trust Bank has launched a new issue of its seven-year bond paying a competitive rate of interest.
New Fixed Rate Bond 7 Year Term (Series 6) pays 3.40% yearly to 30.4.21 on a minimum investment of £1,000.
A business version of the account is also available.
The account must be opened online but can then be operated by post or telephone.
Further additions are allowed while the issue remains open but no withdrawals or early access to funds are permitted.
Paying a highly competitive rate of interest, this account will appeal to those happy to lock their money away for the long-term and it sits just behind the market-leader in the Moneyfacts best buys.
Four Moneyfacts Stars have been awarded.
Compare the best fixed rate bonds for savings over 5years
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