FirstSave has unleashed a range of new fixed rate bonds onto the market, grabbing all three coveted places on the Moneyfacts charts thanks to their eye-catching rates and terms.
2 Year Fixed Rate Bond 20th Issue pays a competitive rate of 2.40% yearly (2.37% monthly), while its three-year counterpart (7th Issue) pays 2.73% yearly (2.70% monthly) and the five-year version (10th Issue) pays 3.06% yearly (3.02% monthly), earning all three a place among the top 10 accounts of their respective sectors.
These internet-operated bonds require an initial investment of at least £1,000, although a higher investment of at least £5,000 is needed for the monthly interest variants.
As with many other fixed rate bonds, neither additions nor early access to funds are permitted. Savers must therefore be comfortable with their initial investment and the length of their chosen bond from the beginning.
All of these bonds have stormed straight into the charts – and with good reason. They all boast competitive rates, along with monthly interest options, which will appeal to those who are looking to secure a regular income. As a result, they all sit comfortably in their respective sectors, which is likely to draw savers' attention.
Moneyfacts rating: Excellent
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 Any products featured may be withdrawn by their provider or changed at any time.
Moneyfacts.co.uk will, like most other websites, place cookies onto your computer’s
hard drive. This includes tracking cookies.