Skipton BS bond leaps to top of market | Product News - Moneyfacts

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Skipton BS bond leaps to top of market

Skipton BS bond leaps to top of market

Category: Savings
Date: 17/04/2013

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 It is now over 6 months old so the content may be out of date.

Skipton Building Society has increased the rate on its 5 Year E-Bond by 0.45%, pushing into pole position in the five-year savings bond market.

The basics…

Now paying a market-leading rate of 3.00%, this bond also has a monthly interest rate of 2.96%.

The finer details….

Investments range between £500 and £1 million and further additions can be made whilst the issue is open.

Early access to funds is not permitted.

The account can be operated online only by investors aged 16 and over.

Why we like it….

This new-look bond from Skipton Building Society should prove popular with investors who are looking to invest over a long period and those seeking a highly competitive monthly return. Four out of five Moneyfacts Stars have been awarded.

What next?

Compare the best savings rates
5 year fixed rate bonds
Savings guides

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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