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Family BS launches 2yr savings bond

Family BS launches 2yr savings bond

Category: Savings
Date: 02/03/2017

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 It is now over 6 months old so the content may be out of date.

The Family BS has launched a new two-year fixed rate bond, which has been deemed competitive enough to earn a place in the Best Buy chart for its sector as well as a high Moneyfacts rating.

The basics…

The 2 Year Fixed Rate Bond (1) boasts a rate of 1.57%, paid yearly, while a version paying 1.56% is also available for those who wish to gain interest on a monthly basis.

The finer details…

This account requires a minimum investment of £10,000, up to a maximum of £150,000, after which no further deposits can be made. It does not allow any access prior to the end of the term, so savers will have to ensure they won't need their funds for the entire two years. The account can be opened and managed online, in branch, by post and over the phone.

Why we like it…

The attractive rate on this account has made it competitive enough compared with its peers to earn a place 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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