Secure Trust Bank has launched a new long-term fixed-rate bond paying 3.40% yearly.
Fixed Rate Bond 7 Year Term (Series 4) pays a competitive rate of 3.40% yearly to 28.2.21. A business version of the account is also available.
The account can be opened online but must then be operated by phone or post.
A minimum investment of £1,000 is required to open the account and no further additions or withdrawals will then be permitted.
With this highly competitive rate, Secure Trust Bank's new bond sits just behind the market leader in its sector.
Four Moneyfacts Stars have been awarded.
Compare the long term fixed rate bonds
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