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Secure Trust dominates long-term bond chart

Secure Trust dominates long-term bond chart

Category: Savings
Date: 03/04/2018

Secure Trust Bank has improved the rates on selected fixed bonds by up to 0.10%, which sees its five, six and seven-year bonds top the Best Buy chart for long-term savings accounts together, while also earning them a high Moneyfacts rating.

The basics…

The 5 Year Fixed Rate Bond now boasts the market-leading rate of 2.65% paid until 03.05.2023, while the six-year equivalent pays a market-leading 2.70% until 03.05.2024 and the seven-year pays the chart-topping rate of 2.75% until 02.05.2025. Interest is paid yearly on these accounts.

The finer details…

These accounts require a minimum investment of £1,000. Additions of at least £1,000 are allowed for 30 days from account opening or until 04.05.2018 – whichever comes first. Early access is not permitted, however, so savers should ensure they won't need their funds back for the entirety of their chosen term. The bonds can only be opened online, but then also managed over the phone.

Why we like them…

These bonds' chart-topping rates have easily earned them a high rating and make them an attractive choice for anyone looking to set some savings aside for at least five years.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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