Secure Trust Bank raises 5yr bond rate | 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.

Secure Trust Bank raises 5yr bond rate

Secure Trust Bank raises 5yr bond rate

Category: Savings
Date: 17/02/2017

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 It is now over 6 months old so the content may be out of date.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 increased the rate on its five-year bond by 0.05%, which has seen it take a competitive position in the Best Buy chart for its sector and earned it a high Moneyfacts rating.

The basics…

The Fixed Rate Bond 5 Year Term (Series 29) now boasts a rate of 2.11%, paid yearly, fixed to 10.03.2022.

The finer details…

The account requires a minimum investment of £1,000. It allows additions while the issue remains open, but no withdrawals or early access will be permitted for the duration of the term. The account has to be opened online, after which it can be managed by post and over the phone.

Why we like it…

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.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