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Charter’s Excellent fixed bonds

Charter’s Excellent fixed bonds

Category: Savings
Date: 03/02/2017

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 It is now over 6 months old so the content may be out of date.

Charter Savings Bank has increased the rates on its three and five-year fixed term bonds by 0.06%, which sees them enter their respective Best Buy charts, as well as earning them a high Moneyfacts rating.

The basics…

The three-year Fixed Rate Bond now boasts a rate of 1.66%, paid yearly, while the five-year equivalent pays 2.01%. 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 online-only accounts require a minimum investment of just £1,000. Further additions are allowed within 14 days of account opening, but withdrawals and early access are not, so savers will need to make sure they are happy with their chosen term.

Why we like them…

The competitive rates on these bonds have easily earned them their high rating, both being attractive enough to deserve positions in the Best Buy charts.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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