FirstSave’s competitive 2yr bond | Product News - Moneyfacts

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FirstSave’s competitive 2yr bond

FirstSave’s competitive 2yr bond

Category: Savings
Date: 25/06/2014

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 It is now over 6 months old so the content may be out of date.

FirstSave has launched a new two-year fixed rate bond paying a competitive rate of interest which enters the Moneyfacts best buys.

The basics…

FirstSave 2 Year Fixed Rate Bond 18th Issue pays 2.30% yearly, while there is also the option to have interest paid monthly at the slightly reduced rate of 2.28%.

The finer details…

The account must be opened and operated online with a minimum investment of £1,000 (£5,000 for the monthly option).

No earlier access to funds or further additions are permitted so investors must be comfortable with their initial investment.

Why we like it…

Paying a competitive rate of interest, and with the option to have interest paid monthly to supplement income, this is a competitive account for those that are happy to lock their money away.

Four Moneyfacts Stars have been awarded.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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