Secure Trust Bank has launched a highly competitive five-year fixed rate bond.
Fixed Rate Bond 5 Year Term (Series 9) pays 3.11% yearly for five years on a minimum investment of £1,000 up to a maximum of £1 million.
Savers must open this account over the internet, but then operate it by post and telephone.
As is usual with fixed rate bonds, early access to funds or further additions will not be allowed.
Secure Trust Bank is paying the highest five-year bond rate, and as such is a Moneyfacts Best Buy. Savers must ensure they are able to commit funds for the full term as early access will not be allowed.
Four Moneyfacts Stars have been awarded.
Compare the top long term fixed rate bonds
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