United Bank UK has increased the rate on its five-year fixed rate bond.
This account now pays savers 3.00% yearly on a minimum investment of £2,000.
There is also a monthly option offering 2.96%.
Savers can invest up to a maximum of £1 million.
This product can be operated by post and in branch.
Further additions will not be permitted, but savers will be able to access funds early, although this will result in closure of the account and a 2% interest penalty.
This five-year fixed rate bond from United Bank UK pays a top ten rate and is a Moneyfacts Best Buy.
Four Moneyfacts Stars have been awarded.
Compare the long term fixed rate bonds
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