Competitive one-year bond launched by FirstSave | Product News - Moneyfacts

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Competitive one-year bond launched by FirstSave

Competitive one-year bond launched by FirstSave

Category: Savings
Date: 02/08/2013

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 It is now over 6 months old so the content may be out of date.

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.

The basics…

This bond pays a rate of 1.90% upon maturity and a monthly gross rate of 1.88%.

The finer details….

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.

Why we like it….

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.

What next?

Compare the best savings rates
1 year fixed rate bonds
What is a savings bond?

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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