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Sainsbury’s Finance boosts fixed rate savers

Sainsbury’s Finance boosts fixed rate savers

Category: Savings

Updated: 01/10/2010
First Published: 01/10/2010

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 It is now over 6 months old so the content may be out of date.

Sainsbury's Finance has handed savers a much needed boost with its new range of fixed rate bonds.

Paying 3.00%, its one year bond is amongst the market leaders in the short term savings field.

A fixed term telephone and internet operated savings account with a minimum investment of £5K, its monthly option also offers good returns for savers looking to supplement their income.

It is worth bearing in mind that the account does not allow early access to funds, so savers must ensure they can leave their money untouched for the full term.

Four out of five Moneyfacts stars are a well deserved reward.

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