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Milestone returns to the fixed bond charts

Milestone returns to the fixed bond charts

Category: Savings
Date: 15/09/2017

Milestone Savings has increased rates on selected savings accounts by up to 0.44%, which sees its one, two, three and five-year deals enter the Best Buy charts for their respective sectors, earning them all a high rating in the process.

The basics…

The one-year Fixed Term Deposit now boasts an expected profit rate of 1.82%, paid on maturity, while the two-year equivalent pays 1.97% on anniversary, the three-year pays 2.12% and the five-year pays 2.37%. Interest must be paid away on these accounts, which are Sharia'a compliant.

The finer details…

These online-only accounts require a minimum investment of £10,000. They don't allow additions, withdrawals or other early access, so savers will have to make sure they are happy to set their funds aside for the entirety of their chosen term.

Why we like them…

The competitive rates on these bonds have earned them their spots in the Best Buys, as well as a high rating.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
 
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