Sainsbury’s ups 2-year bond rate | Product News - Moneyfacts

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Sainsbury’s ups 2-year bond rate

Sainsbury’s ups 2-year bond rate

Category: Savings
Date: 10/09/2013

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 It is now over 6 months old so the content may be out of date.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 upped the rate on its two-year fixed rate savings account.

The basics…

Fixed Rate Saver now pays a highly competitive 2.10% yearly or monthly for two years.

Savers must invest a minimum of £5,000 up to a maximum of £50,000

The finer details…

As is common in the fixed market, savers will not be able to access their accounts early or add further funds.

Why we like it…

This rate increase from Sainsbury's Bank pushes its two-year fixed product into the top ten of comparable accounts. As an added bonus, those savers looking to supplement their income will be paid the same rate monthly.

Four Moneyfacts stars have been awarded.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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