Hampshire Trust Bank has released two new fixed rate savings bonds onto the market, both of which have secured places in the Moneyfacts charts for their enticing terms.
HTB 2 Year Bond has a competitive yearly rate of 2.10%, earning it a top 10 place in its sector. Meanwhile, the three-year version boasts a rate of 2.40%, which also sees it steal a place among the top 10.
The finer details…
These accounts must be opened and operated by post with a minimum deposit of £1,000.
Like many fixed rate deals on the market, neither account allows further additions once the account is open and early access is also not permitted. Savers must therefore ensure that they are comfortable with the level of investment and the length of their chosen term.
Why we like it…
The attractive rates offered by both of these deals have secured them comfortable places in the Moneyfacts charts, something that will certainly appeal to savers. However, neither account offers much in the way of flexibility, which means savers must think carefully about how much they wish to invest and for how long.
Four Moneyfacts Stars have been awarded.
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 Any products featured may be withdrawn by their provider or changed at any time.
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