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Atom Bank’s fixed bonds top the charts

Atom Bank’s fixed bonds top the charts

Category: Savings
Date: 24/02/2017

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 It is now over 6 months old so the content may be out of date.

Atom Bank has increased fixed bond rates by up to 0.50%, which has seen its one, two, three and five-year accounts storm to the top of the Best Buy charts for their respective sectors, earning them a high rating in the process.

The basics…

The one-year bond now boasts a fixed rate of 2.00% on its anniversary, while the two-year equivalent pays 2.10%, the three-year pays 2.20% and the five-year pays 2.40%. All are market-leaders for their term, with most beating their competitors by as much as 0.35%.

All accounts are also available as monthly interest options paying slightly reduced rates.

The finer details…

These accounts require a minimum investment of just £50. Additions are allowed for one week from account opening, but early access is not permitted, which means savers will need to ensure they won't need their funds for the full length of their chosen term. These accounts can only be opened and operated by downloading the Atom mobile app.

Why we like them…

The market-leading rates on these bonds have easily earned them their number one positions in the Best Buys, as well as their high rating, with their low investment requirement and initial flexibility only adding to their appeal.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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