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Charter improves savings rates

Charter improves savings rates

Category: Savings
Date: 07/04/2017

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 It is now over 6 months old so the content may be out of date.

Charter Savings Bank has launched a new notice account and increased rates by up to 0.61%, which sees its 18-month, one, two and three-year fixed bonds, as well as its easy access and 120-day notice accounts, all take up competitive positions within the Best Buy charts for their sectors and earn a high rating. Here highlighted are the bonds, but you can easily find all in the Best Buys.

The basics…

The 18-month Fixed Rate Bond now boasts a rate of 1.52%, paid on its anniversary, while the one-year pays 1.46%, the two-year pays 1.67% and the three-year equivalent pays 1.87%. Monthly versions of these bonds are also available, with slightly reduced rates.

The finer details…

These online-only accounts require a minimum investment of £1,000. They allow additions within 14 days of account opening, but no early access, so savers will have to make sure beforehand that they are happy with their chosen term.

Why we like them…

The increased rates on these bonds have made them attractive enough to earn their competitive positions 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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