Shawbrook Bank has increased the rate on its one-year fixed rate bond.
1 Year Fixed Rate Bond Issue 13 now pays 1.95% yearly on a minimum deposit of £5,000.
Savers can apply for this account by post and online and can operate it by post, telephone and online.
The maximum that can be deposited into this account is £2 million.
Savers must remember that early access to funds during the one-year term will not be permitted.
Shawbrook's rate review sees its one-year bond move into a top five position within the Moneyfacts Best Buy charts.
Four Moneyfacts Stars have been awarded.
Compare 1 year fixed rate bonds
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