OakNorth’s 1yr bond still Excellent | Product News | moneyfacts.co.uk

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OakNorth’s 1yr bond still Excellent

OakNorth’s 1yr bond still Excellent

Category: Savings
Date: 11/07/2017

OakNorth Bank has decreased the rate on its one-year fixed bond by 0.10%, yet despite this, it manages to retain its place in the Best Buy chart for its sector and earns a high Moneyfacts rating.

The basics…

The 12-month Fixed Term Deposit now boasts a fixed rate of 1.76% AER, paid on maturity.

The finer details…

This online-only account requires a minimum investment of £1,000. It does not permit additions, withdrawals or early access, so savers will have to be certain they won't need their chosen funds for the entire year.

Why we like it…

The rate on this account is still competitive enough to earn it a high rating and allows it to keep its place in the Best Buy charts.

Moneyfacts rating: Excellent

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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