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Sainsbury’s Bank swoops into top 5 with bond

Sainsbury’s Bank swoops into top 5 with bond

Category: Savings

Updated: 24/08/2012
First Published: 31/07/2012

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 It is now over 6 months old so the content may be out of date.

Sainsbury's Bank has launched a competitive new 2 year bond paying 3.65% on its anniversary.

Available to savers aged 18 and over with investments between £5,000 and £50,000, the Fixed Rate Saver sits comfortably within the top five of the two year bond market.

Early access to funds is not permitted, so savers must be willing to lock their money away for the duration of the term.

The account can be operated online or by telephone.

This bond has been awarded four out of five Moneyfacts stars.

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