A rate increase of 0.20% has pushed the Shawbrook Bank 5 Year Fixed Rate Bond Issue 7 higher up the long-term bond best buy tables.
This five-year bond pays a new rate of 2.95% to savers with investments between £5,000 and £2 million.
Further additions can be made whilst the issue is open, although early access is not permitted.
The account can be operated by post or telephone by savers aged 18 and over.
This highly competitive bond should appeal to investors with large deposits who are willing to lock their money in for a five-year period. Four out of five Moneyfacts Stars have been awarded.
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