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New 5yr bond is Excellent

New 5yr bond is Excellent

Category: Savings
Date: 10/02/2017

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 It is now over 6 months old so the content may be out of date.

Secure Trust Bank has launched a new five-year fixed rate bond, which thanks to its competitive rate has earned a high Moneyfacts rating as well as the number two spot in the Best Buy chart for its sector.

The basics…

The Fixed Rate Bond 5 Year Term (Series 29) boasts a rate of 2.06% paid yearly, fixed to 10.03.2022, which sees it sit just below the market-leader for its term.

A version of the account with the same features is also available for business customers, with the rate making it the market-leader for its term.

The finer details…

The deal requires a minimum investment of £1,000. It does not allow withdrawals, but will permit additions while the issue remains open. It has to be opened online, after which it can be managed by post and over the phone.

Why we like it…

The highly competitive rate on this bond has easily earned it its high spot in the Best Buys, as well as its 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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