Vanquis improves its 4 and 5-year bonds | Product News | moneyfacts.co.uk

Product News

Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

Vanquis improves its 4 and 5-year bonds

Vanquis improves its 4 and 5-year bonds

Category: Savings
Date: 10/11/2017

Vanquis Bank Savings has increased the rates on its four and five-year fixed rate bonds by 0.05%, which sees them take up competitive positions in the Best Buys, earning both a high rating as well.

The basics…

The four-year bond now boasts a fixed rate of 2.40%, paid on its anniversary, while the five-year equivalent pays 2.45%. Monthly versions of these accounts which pay slightly reduced rates of interest are also available.

The finer details…

These accounts require a minimum investment of £1,000. They do not allow additions, withdrawals or other early access, so savers will have to make sure they are happy to set their funds aside for the entirety of their chosen term. Access is through a nominated current account. The deals must be opened online, after which they can also be operated by post and over the phone.

Why we like them…

These bonds offer competitive rates, deservedly earning them places in the Best Buy charts as well as a high rating.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

Close