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Excellent new bond and notice account

Excellent new bond and notice account

Category: Savings
Date: 06/02/2017

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 It is now over 6 months old so the content may be out of date.

United Trust Bank has launched new savings accounts, including a one-year fixed bond and 100-day notice account which have both earned a high Moneyfacts rating. Additionally, the 100-day notice deal has found its way into the Best Buy chart for its sector.

The basics…

The UTB 1 Year Bond boasts a fixed rate of 1.25%, paid on its anniversary, while the UTB 100 Day Notice Account pays a variable rate of 1.05% yearly, which must be compounded.

The finer details…

Both accounts require a minimum investment of £500. No additions or withdrawals are allowed on the bond, while as expected the notice account allows savers to make additions at will and withdrawals upon 100 days' notice (early access is not possible). Both accounts have to be opened online, after which they can be managed in branch and by post.

Why we like them…

The competitive rates on these accounts have earned them their high rating, with the notice deal additionally attractive enough to deserve a position 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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