5yr savings bond enters top-3 | Product News | moneyfacts.co.uk

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5yr savings bond enters top-3

5yr savings bond enters top-3

Category: Savings
Date: 09/03/2017

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 It is now over 6 months old so the content may be out of date.

Secure Trust Bank has increased the rate on its five-year fixed rate bond by 0.05%, which sees it move up the Best Buy chart for its sector and earns it a high rating.

The basics…

The Fixed Rate Bond 5 Year Term (Series 30) now boasts a rate of 2.25%, paid yearly to 11.04.2022, which is deemed to be a top-three rate.

The finer details…

This account requires a minimum investment of £1,000. It allows additions while the issue remains open, but does not allow early access prior to the end of the term, so savers will have to ensure they won't need their funds. The account must be opened online, after which it can be managed by post and over the phone.

Why we like it…

The attractive rate on this account has made it competitive enough to earn a top-three spot in the Best Buy charts, as well as a high rating.

Moneyfacts rating: Excellent

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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

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