New 2-yr bond makes headway in the charts | Product News - Moneyfacts

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New 2-yr bond makes headway in the charts

New 2-yr bond makes headway in the charts

Category: Savings
Date: 05/02/2016

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 It is now over 6 months old so the content may be out of date.

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.

The basics…

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.

The finer details…

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.

Why we like it…

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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