New 2-yr fixed rate bond heads into the charts | Product News - Moneyfacts

Product News

New 2-yr fixed rate bond heads into the charts

New 2-yr fixed rate bond heads into the charts

Category: Savings
Date: 03/12/2014

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 It is now over 6 months old so the content may be out of date.

GE Capital Direct has unveiled a new two-year fixed rate bond, which has raced straight into the top 10 for its competitive terms.


The basics…

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.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
Close