Vanquis Bank has increased the rate on its fixed rate five-year bond with it maintaining its position in the Moneyfacts best buys.
Fixed Rate High Yield: 5 Year now pays 3.06% yearly, with a monthly option of 3.02% for those that want to supplement their income.
The finer details…
As with most bonds no further additions or earlier access to funds is permitted.
The account must be opened and operated online with a minimum investment of £1,000.
Why we like it…
Paying a competitive rate, and with a monthly interest option, this bond is a competitive deal for those that are happy to lock their money away.
Four Moneyfacts Stars have been awarded.
Click here to apply for this Vanquis Bank product
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