GE Capital Direct has unleashed a competitive new 18-month fixed rate bond onto the market, earning it a coveted spot in the Moneyfacts charts.
GE 18 Month Bond Issue 4 has a yearly rate of 1.92% (1.90% monthly), which puts it firmly among the top 10 of its sector.
This account must be opened and operated online with a minimum investment of £1,000. As with many fixed rate accounts, this bond does not allow further additions or early access to funds, so savers must be happy with their investment from the beginning.
This latest offering is set to catch the attention of eager savers with its attractive rate and flexible monthly option. However, savers must think carefully about how much they wish to invest as there is no opportunity to deposit further funds or to access money prior to maturity.
Moneyfacts rating: Excellent
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