Wesleyan fixed rate bond is class above - Savings - News | moneyfacts.co.uk


Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

Wesleyan fixed rate bond is class above

Wesleyan fixed rate bond is class above

Category: Savings

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 It is now over 6 months old so the content may be out of date.

Wesleyan Bank has increased the rate on its one year bond, making it the best option in its class.

The 1 Year Fixed Rate Deposit has had its rate increased by 0.15% to 3.55%.

Paying 3.55%, it now tops the table for short term fixed bonds.

Unlike many short term bonds earlier access is permitted subject to an interest penalty, but as this is a hefty 180 days' loss of interest investors should aim to invest funds for the full term.

Four out of five Moneyfacts stars have been awarded.

Find the best savings rates for you - Compare savings accounts

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 Any products featured may be withdrawn by their provider or changed at any time.