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Tandem improves fixed bonds

Tandem improves fixed bonds

Category: Savings
Date: 30/08/2018

Tandem Bank has increased the rates on its fixed savings bonds by 0.15%, which sees its two-year fixed rate bond take up second place and its three-year bond take the top spot in their respective Best Buy charts. They also both earn a high rating.

The basics…

The Tandem 2 Year Fixed Saver now boasts a rate of 2.25%, while the three-year equivalent pays the market-leading 2.40%. Interest is paid on the bonds' anniversary and must be paid away.

The finer details…

These online-only accounts require a minimum investment of £1,000. Neither additions nor withdrawals are allowed, so savers will have to ensure they won't need their funds for the entirety of their chosen term.

Why we like them…

These bonds' attractive rates have easily earned them their top-two places in the Best Buys, as well as their 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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