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Northern Rock delivers winning savings review

Northern Rock delivers winning savings review

Category: Savings

Updated: 08/06/2010
First Published: 08/06/2010

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.
Northern Rock has reviewed its fixed rate bonds, giving savers a boost in the process.

Paying 3.00%, its one year fixed rate bond has improved its position within the short term savings market.

Requiring a minimum investment of just £1, it should prove popular with savers looking for a short term home for their funds.

Meanwhile, the five year fixed rate bond paying 4.50% represents one of the top rates around and should also prove popular.

Savers will need to be sure they can commit their funds for the full term, as there is no flexibility for withdrawals.

However, four out of five Moneyfacts stars is still the well deserved reward.

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