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Zenith’s bonds enter charts

Zenith’s bonds enter charts

Category: Savings
Date: 17/03/2017

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Zenith Bank UK has increased the rates on selected fixed term bonds by up to 0.12%, which sees its two and three-year deals enter the Best Buy charts for their sectors, earning a high rating in the process.

The basics…

The 2 Year Fixed Term Deposit now boasts a rate of 1.60%, paid on its anniversary, while the three year equivalent pays 1.80%.

The finer details…

These accounts require a minimum investment of £1,000. They do not allow any access prior to the end of their respective terms, so savers will have to ensure they are happy with their initial investment and won't need those funds prior to maturity. The accounts have to be opened online, after which they can be managed by post and over the phone.

Why we like them…

The increased rates on these bonds have made them competitive enough to earn a place in their respective 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
 
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