National Counties Building Society has re-entered the fixed rate market with a competitive nine-month account, which sees it strike into the top 10 of the Moneyfacts chart for its sector.
53rd Issue Savings Bond pays 1.90% upon maturity, or 1.89% per month should you prefer to have a regular income.
This account can be managed online, by post or in branch with an initial investment of at least £10,000.
Like many fixed rate accounts, early access is not permitted. Further additions are also not allowed, so investors must make sure that they are happy with the amount invested and the nine-month term.
The attractive rate and short-term nature of this bond are bound to appeal to investors. Although a large initial investment is required and there is no early access facility available, investors keen to make a profit are likely to still be tempted by this competitive offer.
Four Moneyfacts Stars have been awarded.
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