Ikano Bank has increased the rates on selected fixed bonds by up to 0.15%, which has seen its one, two, three and five-year deals enter the Best Buy charts for their sectors, all earning a high rating in the process.
The Fixed 1 Year Saver now boasts a rate of 1.45%, paid on its anniversary, while the two-year equivalent pays 1.65% yearly, the three-year pays a top-three rate of 1.85% yearly, and the five-year pays 2.20% yearly. Versions of the accounts which pay a slightly reduced rate of interest on a monthly basis are also available.
These online-only accounts require a minimum investment of £1,000. They allow additions for 14 days from account opening, but no early access, so savers will have to ensure they are happy with their chosen term.
The increased rates on these bonds have made them attractive enough to earn competitive positions in their Best Buy charts, as well as a high rating.
Moneyfacts rating: Excellent
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