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Co-operative Bank ups offshore rates

Co-operative Bank ups offshore rates

Category: Offshore savings

Updated: 24/08/2012
First Published: 27/06/2012

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 It is now over 6 months old so the content may be out of date.

The Co-operative Bank has increased the rates paid on a number of its offshore accounts.

The 1 Year Offshore Fixed Rate Bond now pays 3.50% yearly (3.43% monthly), while the two year account offers 3.75% yearly (3.68% monthly).

The 3 year fixed rate offshore account pays a rate of 4.00% (3.93% monthly).

Both the one and three year options paying 3.50% and 4.00% respectively, sit at the top of their sectors. The two year option paying 3.75% also sits towards the top of the medium term bond market.

As is common with fixed rate bonds, earlier access and further additions are not permitted.

Four out of five Moneyfacts stars have been awarded.

What next?

Compare Fixed Rate Offshore Savings Accounts that pay a fixed interest rate on money you will not need access to for a certain period with independent Best Buys.

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