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Cahoot launches two-year savings best buy

Cahoot launches two-year savings best buy

Category: Savings

Updated: 12/02/2013
First Published: 12/02/2013

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 It is now over 6 months old so the content may be out of date.

Cahoot has re-entered the fixed rate market with the launch of a market-leading two-year bond that is bound to catch the eye of savers looking for a competitive home for their funds.

The basics…

The two-year fixed rate bond (Issue 5) pays 2.40% yearly on a minimum investment of £25,000 up to a maximum of £2 million.

The finer details….

This is an online-only bond and, as is common with most fixed term bonds, withdrawals or additions are not permitted.

Why we like it….

Cahoot's competitive two-year fixed rate bond enters the Moneyfacts Best Buys just under the market leaders. However, the high minimum investment requirement of £25,000 may limit the appeal of this product.

Four out of five Moneyfacts Stars have been awarded.

What Next?

Compare the best two year fixed rate savings

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 Any products featured may be withdrawn by their provider or changed at any time.