Nottingham Building Society has added a new 14-month bond to its savings offerings and has grabbed a place among the top 10 in the Moneyfacts charts.
Fixed Rate Savings Issue 140 pays an annual rate of 1.85% until 30.11.15.
This account can be managed in branch with an initial deposit of £500. Further additions can be made until 31.10.14, but early access to funds is not possible, so investors must be comfortable with locking away their funds for the full 14-month term.
The bond offers a top 10 rate for its sector, which is sure to reel in investors looking for a competitive account. The option to make further additions for a limited period of time offers some welcome flexibility, although investors must be aware that they won't be able access their funds until the bond matures.
Four Moneyfacts Stars have been awarded.
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