Three-year bond secures chart position | Product News - Moneyfacts

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Three-year bond secures chart position

Three-year bond secures chart position

Category: Savings
Date: 05/02/2015

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 It is now over 6 months old so the content may be out of date.

United Trust Bank has reviewed its savings range and improved rates across several fixed term products, which has secured its three-year account a position in the Moneyfacts charts.

The basics…

UTB 3 Year Bond now pays 2.40% yearly, an increase of 0.10% on its predecessor, from a minimum investment of £500.

The finer details…

This account can be opened online or by post but then becomes postal-operated. In common with most fixed rate accounts, there's no flexibility for further additions or earlier access, so savers will need to be comfortable with both the term and the investment from the outset.

Why we like it…

This rate increase sees UTB's account easily make its way up the Moneyfacts charts, offering a highly competitive rate for those willing to lock their money away for the medium term.

Moneyfacts rating: Excellent

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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