FirstSave has launched a new issue of it's five-year fixed rate bond paying a competitive rate of interest.
FirstSave 5 Year Fixed Rate Bond 7th Issue pays 2.95% yearly, while there is also the option to have interest paid monthly at the rate of 2.91%.
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 early access to funds, withdrawals or further additions are permitted so investors must be comfortable with locking their savings away.
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 that sits comfortably in the Moneyfacts best buys.
Four Moneyfacts Stars have been awarded.
Compare 4+ year fixed rate bonds.
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