Paragon Bank improves 3yr bond | Product News | moneyfacts.co.uk

Product News

Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

Paragon Bank improves 3yr bond

Paragon Bank improves 3yr bond

Category: Savings
Date: 09/03/2017

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 It is now over 6 months old so the content may be out of date.

Paragon Bank has increased selected rates by up to 0.15%, which has seen its three-year deal enter the Best Buy chart for its sector at a competitive place, also earning it a high Moneyfacts rating.

The basics…

The Three Year Fixed Rate bond now boasts a rate of 1.80%, paid on its anniversary. A version paying 1.79% on a monthly basis is also available.

The finer details…

This online-only account requires a minimum investment of £1,000. It allows additions for five days from account opening, but no early access, so savers will have to ensure that they won't need access to their funds for the entire term.

Why we like it…

The increased rate on this account has made it attractive enough compared with its competitors 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

Close