Shawbrook Bank has increased the rate on its one-year bond by 0.15% seeing it shoot up the Moneyfacts best buys.
Now paying 1.80%, 1 Year Fixed Rate Bond Issue 16 requires a minimum investment of £5,000.
The finer details…
The account can be opened by post or online and can be operated in the same way as well as by telephone.
Further additions are permitted while the issue remains open but withdrawals and early access are not.
Why we like it…
Paying a competitive rate of interest, this makes an attractive deal for those that are happy to lock their money away for a year.
Four Moneyfacts Stars have been awarded.
Compare the best 1 year Bonds using our best buy charts
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