Shawbrook Bank has increased its 4 Year Fixed Rate Bond by 0.20%, catapulting it into the fixed-rate best buy tables.
The new look 4 Year Fixed Rate Bond Issue 6 pays an annual rate of 2.55% to savers with investments between £5,000 and £2 million.
Further additions can be made whilst the issue remains open, although withdrawals of funds are not permitted during the term.
Available to savers aged 18 and over, this account can be operated by post or telephone, and opened online or by post.
Savers looking to invest a large sum over a long-term will be pleased with this new and improved rate from Shawbrook Bank. Four out of five Moneyfacts Stars have been awarded.
Compare the best savings rates4 & 5 year fixed rate bonds
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