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BLME bond hits Best Buys

BLME bond hits Best Buys

Category: Savings
Date: 27/03/2018

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 It is now over 6 months old so the content may be out of date.

Bank of London and The Middle East (BLME) has increased the rate on its three-year fixed rate bond, which sees it become the joint market-leader for its term.

The basics…

Their Premier Deposit Account now boasts an expected profit rate of 2.30% AER over three years.

The finer details…

This online-only bond requires a minimum investment of £25,000. Neither additional deposits nor early access to funds are allowed. The bond can only be opened if you already have, or are willing to open, a BLME current account.

Why we like it…

The latest BLME rate increase sees this bond share the top-billing in its Best Buy chart and earn an Excellent Moneyfacts rating. If you are happy with the lack of access to funds, this bond is ideal for online-savvy savers with a decent deposit.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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