Close Brothers raises fixed rates | moneyfacts.co.uk

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Close Brothers raises fixed rates

Close Brothers raises fixed rates

Category: Savings
Date: 22/09/2017

Close Brothers Savings has increased the rate on its five-year bond by 0.10%, seeing it sit comfortably in the charts and earn a high Moneyfacts rating in the process.

The basics…

5 Year Fixed Rate Deposit now pays a rate of 2.40% on its anniversary, a top-10 rate for its terms and not far below the market-leaders of its sector.

The finer details…

This fixed rate account requires a minimum investment of £10,000, after which no further additions are allowed, and there is no early access to funds before maturity. This means savers will have to be comfortable with their initial investment and the term of the bond, which must be opened by post and can then be managed by phone as well.

Why we like it…

The rate rise to this account has ensured its competitiveness and solidified its place in the charts, which could make it a highly appealing choice for those with a healthy savings pot.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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