GE Capital Direct has unveiled a new two-year fixed rate bond, which has raced straight into the top 10 for its competitive terms.
GE 2 Year Bond Issue 2 has a competitive yearly rate of 2.20% (2.18% monthly), earning it a coveted place in the Moneyfacts charts.
The finer details…
This account can be opened and operated online with an initial deposit of £1,000. Like many fixed rate deals, this bond does not allow further additions or early access to funds, so savers must be happy with their investment from the beginning.
Why we like it…
This deal offers savers an enticing rate, which is sure to attract attention. However, further additions and early access to funds prior to maturity won't be permitted, so investors must be comfortable locking their money away for the full two-year term.
Four Moneyfacts Stars have been awarded.
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