Shawbrook Bank boosts bond rate | Product News - Moneyfacts

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Shawbrook Bank boosts bond rate

Shawbrook Bank boosts bond rate

Category: Savings
Date: 03/06/2013

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 It is now over 6 months old so the content may be out of date.

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.

The basics…

This five-year bond pays a new rate of 2.95% to savers with investments between £5,000 and £2 million.

The finer details….

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.

Why we like it….

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.


What next?

1 year fixed rate bonds
2 year fixed rate bonds
3 year fixed rate bonds
4 & 5 year fixed rate bonds
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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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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