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Atom Bank’s top fixed bonds

Atom Bank’s top fixed bonds

Category: Savings
Date: 02/02/2017

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 It is now over 6 months old so the content may be out of date.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 the rates on a selection of its fixed term bonds by up to 0.10%. This has made the two-year bond a market-leader and the one and three-year versions joint market-leaders over their respective terms, securing these deals the top positions in their respective Best Buy charts. All therefore justly deserve a high rating.

The basics…

The 1 Year Fixed Saver now boasts a joint market-leading rate of 1.50%, paid on maturity, while the two-year equivalent pays a market-leading 1.65% on its anniversary and the three-year version pays a joint market-leading interest rate of 1.75%. All take over the number one spots in their respective Best Buy charts.

Monthly versions of the accounts are also available, paying a slightly reduced rate, for those who wish to supplement their income.

The finer details…

These accounts require a minimum investment of just £50 and have to be opened using the Atom Bank smartphone app. Additions are allowed within one week from account opening, but withdrawals and early access are not, so savers will need to make sure they are happy to leave their funds alone for the entirety of their chosen term.

Why we like them…

The top rates on these bonds are more than enough to see them easily take up first place spots within their charts. They have certainly earned their high rating, making a highly competitive choice for anyone looking to secure their funds for one to three years, with only a small deposit required.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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