Sainsbury’s Bank issues five-year bond | Product News - Moneyfacts

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Sainsbury’s Bank issues five-year bond

Sainsbury’s Bank issues five-year bond

Category: Savings
Date: 02/04/2013

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Sainsbury's Bank has launched a highly competitive five-year bond available to savers with deposits of £5,000.

The basics…

This deal pays a rate of 2.50% on its anniversary and on a monthly basis.

The finer details….

Investments range between £5,000 and £50,000.

Further additions and early access are not permitted. The account can be operated by savers aged 18 and over by telephone or online.

Why we like it….

Sitting comfortably within the top ten five-year bonds, this account offers a highly competitive deal to investors with large deposits. Four out of five Moneyfacts Stars have been awarded.

What next?

Compare the best savings rates
Savings guides
4 & 5 year fixed rate bonds

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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