Raphaels Bank has launched new short-term fixed rate bonds with the 12 and 15-month options both in the Moneyfacts best buys.
The 12 Month bond pays 1.90% on maturity while the 15 month option pays a competitive 2.05% on a minimum investment of £5,000.
The accounts can be opened and operated in branch and by post.
As with most fixed bonds no further additions or early access to funds are permitted.
Paying competitive rates of interest, these bonds offer an attractive account for those looking to invest in the short-term.
Four Moneyfacts Stars have been awarded.
Compare the best fixed rate bonds for savings
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