Julian Hodge Bank has increased its five-year bond by a significant 0.90% and it moves into the Monyfacts best buys.
5 Year Capital Millennium Bond now pays a competitive 3.00% yearly with a monthly option of 2.96%, both on a minimum investment of £1,000.
A business version of this account is also available.
The finer details…
The account can be opened in branch or by post but must then be operated by post only.
Further additions are permitted while the issue remains open, however, there is no early access to funds or withdrawals allowed.
Why we like it…
Paying a competitive rate of interest, and with a monthly option for those that wish to supplement their income, this bond should make an attractive option if you are willing to lock your money away.
Four Moneyfacts Stars have been awarded.
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