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Family’s new top-two 18-month bond

Family’s new top-two 18-month bond

Category: Savings
Date: 03/04/2017

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 It is now over 6 months old so the content may be out of date.

Family BS has launched a new 18-month bond which has been deemed competitive enough to earn the coveted number two spot in the Best Buy chart for its sector, gaining a high Moneyfacts rating in the process.

The basics…

The 18 Month Fixed Rate Bond (5) boasts a rate of 1.52%, paid yearly. A monthly version paying 1.51% is also available.

The finer details…

This account requires a minimum investment of £10,000. It does not allow any access to funds prior to maturity, so savers will have to be content to set their funds aside for the whole term. It can be opened online, in branch and by post, and then managed over the phone as well. Unusually, this account can also be opened in trust for younger savers.

Why we like it…

The competitive rate on this account is more than enough to earn it second place in its Best Buy chart, 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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