New 15-month fixed bond storms into charts | Product News - Moneyfacts

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New 15-month fixed bond storms into charts

New 15-month fixed bond storms into charts

Category: Savings
Date: 16/10/2015

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 It is now over 6 months old so the content may be out of date.

United Trust Bank has unleashed a new 15-month fixed rate bond onto the market, which has soared straight into the Moneyfacts charts thanks to its eye-catching rate and terms.

The basics…

UTB 15 Month Fixed Bond pays a yearly rate of 2.15%, the market-leading rate for its term, allowing it to firmly establish itself in the charts.

The finer details…

This account can be opened in branch, by post and online and then operated in the same way except online. A minimum investment of £500 is required.

Further additions are not permitted and there is no facility to access funds early, which means savers must ensure that they are happy with their initial investment and the length of the term.

Why we like it…

Savers who are looking for a short-term home for their savings are likely to view this newcomer with interest, especially as it boasts a market-leading rate in its sector. Provided they are happy to relinquish access for the duration of the term, this bond should be an appealing choice.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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