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Ikano Bank’s Excellent bonds

Ikano Bank’s Excellent bonds

Category: Savings
Date: 17/03/2017

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 basics…

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.

The finer details…

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.

Why we like them…

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

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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