Investec Bank increases 1yr bond rate | Product News - Moneyfacts

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Investec Bank increases 1yr bond rate

Investec Bank increases 1yr bond rate

Category: Savings
Date: 18/06/2014

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Investec Bank has increased the rate on its one-year bond by 0.10% and it moves into the Moneyfacts best buys.

The Basics…

1 Year Fixed Term Deposit now pays a competitive 1.75% yearly (1.74% monthly) on a minimum investment of £25,000.

The finer details…

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.

Why we like it…

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

What next?

Find the best 1 year bond.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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