Investec Bank has increased the rate on its one-year bond by 0.10% and it moves into the Moneyfacts best buys.
1 Year Fixed Term Deposit now pays a competitive 1.75% yearly (1.74% monthly) on a minimum investment of £25,000.
The account can be opened by post or online and can then be operated via the same channels as well as by telephone.
No further additions or early access to funds is permitted.
Paying a competitive rate of interest, this will be an attractive bond for those with a large initial deposit who are happy to lock it away for a year.
Four Moneyfacts Stars have been awarded
Find the best 1 year bond.
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