Ikano Bank has launched a new two-year fixed bond onto the market, instantly securing it a place on the Moneyfacts charts thanks to its eye-catching rate and terms.
Fixed 2 Year Saver pays an attractive yearly rate of 2.15% (2.13% monthly), which allows it to sit comfortably among the top 10 accounts of its sector.
This internet-operated account requires an initial investment of at least £1,000. Savers are able to make further deposits for up to 14 days after the account has been opened, but withdrawals are not permitted prior to maturity.
This newcomer has speedily established itself in the charts thanks to its attractive rate, which is sure to garner plenty of interest. Savers who are looking to secure a regular income will also be pleased by the monthly interest option, ensuring that this deal really does merit its top-10 place.
Moneyfacts rating: Excellent
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