New seven-year bond rate nears top of chart | will never contact you by phone to sell you any financial product. Any calls like this are not from Moneyfacts. Emails sent by will always be from Be Scamsmart.

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 It is now over 6 months old so the content may be out of date.

Derin Clark

Derin Clark

Online Reporter
Published: 07/06/2019
white piggy bank surrounding by coins

Today a rate increase from PCF Bank on a seven-year bond has resulted in it taking third place in the fixed-rate bond chart.

PCF Bank is now offering a rate of 2.75% fixed on its 7 Year Term Deposit Issue 10, a rate that matches the top rate in the fixed-rate bond chart. This seven-year bond requires an opening deposit of £1,000 and pays interest on each anniversary. The account allows further additions for 14 days from account opening, but withdrawals and early access are not permitted. It can be opened online and by post then managed both these ways as well as by phone.

Overall the fixed rate bond chart offers many of the best saving rates currently available, especially on long-term fixed rate bonds. Although the current uncertain economic climate means that many savers are preferring quick access to their funds, those that are prepared to lock their money away for five or more years are rewarded with the most competitive rates on the market.


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 Any products featured may be withdrawn by their provider or changed at any time. Links to third parties on this page are paid for by the third party. You can find out more about the individual products by visiting their site. will receive a small payment if you use their services after you click through to their site. All information is subject to change without notice. Please check all terms before making any decisions. This information is intended solely to provide guidance and is not financial advice. Moneyfacts will not be liable for any loss arising from your use or reliance on this information. If you are in any doubt, Moneyfacts recommends you obtain independent financial advice.

white piggy bank surrounding by coins

Cookies will, like most other websites, place cookies onto your device. This includes tracking cookies.

I accept. Read our Cookie Policy