Competitive saving with United Bank | Product News - Moneyfacts

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Competitive saving with United Bank

Competitive saving with United Bank

Category: Savings
Date: 04/02/2014

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 It is now over 6 months old so the content may be out of date.

United Bank UK has reviewed rates across its fixed-rate bonds.

The basics…

The stand-out products are the Two and Three Year Fixed Term Deposits which now pay 2.15% yearly (2.13% monthly, 2.17% on maturity) and 2.50% yearly (2.47% monthly, 2.56% on maturity) respectively.

The One Year Fixed Business/Charity bond also pays a competitive 1.70% yearly (1.69% monthly).

The finer details…

As with many fixed products, no additions are permitted but earlier closure is allowed on the Fixed Term Deposit accounts subject to a 2% penalty.

The Fixed Term Deposit accounts can be opened with a minimum investment of £2,000 in branch, by post or online and must then be operated in branch or by post.

The business bond needs a minimum investment of £500 and can be opened and operated by post.

Why we like them…

These United Bank products pay a competitive rate and sit comfortably in the Moneyfacts top ten for their terms.

Four Moneyfacts Stars have been awarded.

What Next?


Compare the latest 2 year fixed rate bonds

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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