Atom’s 1 and 2-yr fixed bonds now number one | Product News | moneyfacts.co.uk

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Atom’s 1 and 2-yr fixed bonds now number one

Atom’s 1 and 2-yr fixed bonds now number one

Category: Savings
Author: Lieke Braadbaart
Date: 07/06/2018

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 It is now over 6 months old so the content may be out of date.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 selected fixed bond rates by up to 0.10%, which sees its one and two-year deals jump into first place on their respective Best Buy charts, while its three-year deal now sits in second place on its chart. They all earn a high rating as a result.

The basics…

The 1 Year Fixed Saver now boasts the market-leading rate of 2.05%, paid on its anniversary, while the two-year equivalent pays a joint market-leading 2.15% and the three-year version pays a near market-leading 2.30%. Alternative versions of these accounts, which pay a slightly reduced rate on a monthly basis, are also available.

The finer details…

These accounts require a minimum investment of just £50. Additions are allowed for one week after account opening, but early access is not permitted, so savers may want to check that they won't need their funds for the entirety of their chosen term. As the UK's first mobile-based provider, these accounts can only be opened via Atom's smartphone app.

Why we like them…

With all rates now being market-leaders or not far behind, these bonds have clearly deserved their number one or two spots as well as their 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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