Paragon enters 3yr bond chart | 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 enters 3yr bond chart

Paragon enters 3yr bond chart

Category: Savings
Date: 15/02/2017

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 It is now over 6 months old so the content may be out of date.

Paragon Bank has increased the rate on its three-year fixed bond by 0.05%, which sees it enter the Best Buy chart for its sector and earn a high Moneyfacts rating.

The basics…

The Three Year Fixed Rate account boasts a rate of 1.65%, paid on its anniversary, which will be available from 17.02.2017. A version paying 1.64% on a monthly basis will also be available.

The finer details…

The internet-operated account requires a minimum investment of £1,000. It allows additions for five days from account opening, but no withdrawals or early access will be permitted for the duration of the term. All transactions have to be performed via a nominated current account.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.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