Ikano fixed bonds remain competitive | Product News - Moneyfacts

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Ikano fixed bonds remain competitive

Ikano fixed bonds remain competitive

Category: Savings
Date: 26/08/2016

Ikano Bank has amended rates across its range of fixed savings bonds. Nonetheless, the two, three and five-year bonds remain competitive and thereby manage to keep their top-10 positions in their respective Best Buy charts.

The basics…

The Fixed 2 Year Saver now boasts a rate of 1.50%, the Fixed 3 Year Saver a rate of 1.65%, and the Fixed 5 Year Saver stands at 1.95%. Monthly versions are also available, paying 1.49%, 1.64% and 1.93% respectively.

The finer details…

The bonds require a minimum investment of £1,000. Withdrawals are not allowed, but further additions within 14 days of account opening are. The accounts have to be opened and operated online.

Why we like them…

These internet-operated bonds remain attractive to savers looking to put away their savings for two or more years, thanks to their still-competitive rates and flexibility compared to competitors. They therefore rightly deserve their Moneyfacts rating and places in the charts.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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