FirstSave has introduced its latest online one-year fixed-rate bond, available to savers who are looking to receive interest on maturity or on a monthly basis.
This bond pays a rate of 1.90% upon maturity and a monthly gross rate of 1.88%.
Savers can invest between £1,000 and £2 million, although those receiving monthly interest will need to place a minimum deposit of £5,000.
Further additions and early access are not permitted during the term of the deal.
Savers must be aged 18 and over to apply for this account.
FirstSave's 1 Year Fixed Rate Bond should attract plenty of interest from savers who are willing to tie up their money for the duration of the term. Four out of five Moneyfacts Stars have been awarded.
Compare the best savings rates1 year fixed rate bonds What is a savings bond?
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