Newcastle BS has launched a new seven-year bond paying a market-leading rate of interest.
New 7 Year Fixed Rate Bond pays 3.50% yearly, with a monthly option of 3.44%, until 30.6.21.
The account can be opened and operated in branch, by post or online with a minimum investment of £500.
Further additions are permitted while the issue remains open and as an added benefit the account allows penalty-free withdrawals of up to 25% of the capital investment, however after which no further withdrawals can be made.
Paying a competitive rate of interest and with the flexibility to get hold of a quarter of the initial investment, this account sits at the top of the Moneyfacts best buys in its sector.
Four Moneyfacts Stars have been awarded.
Choose a 3 year+ fixed rate ISA
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