Nottingham Building Society has unveiled a brand new two-year fixed rate savings account, which easily earns it a four-star review.
The basics… Fixed Rate Savings Issue 142 has a competitive yearly rate of 2.10% until 30.11.16.
The finer details… This branch-operated account requires a minimum investment of £1,000. Further additions can be made while the issue is open, but like many fixed rate accounts, no early access is allowed. For this reason, investors must be happy with the length of the two-year term.
Why we like it…
This account offers savers an enticing rate, and it is likely to attract those who are eager for a good return on their funds. The ability to make further additions lends this account some flexibility, and although investors must remember that they cannot access their money before the end of the term, this account would suit those who are willing to lock their money away for a mid-length term.
Four Moneyfacts Stars have been awarded.
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