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Vanquis’ Excellent 3 & 5yr bonds

Vanquis’ Excellent 3 & 5yr bonds

Category: Savings
Author: Lieke Braadbaart
Date: 21/07/2017

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 It is now over 6 months old so the content may be out of date.

Vanquis Bank has increased rates on selected fixed bonds by up to 0.25%, which sees its three and five-year deals enter the Best Buy charts for their respective sectors, earning both a high rating in the process.

The basics…

The three-year fixed rate account now boasts a rate of 2.15%, paid on its anniversary, while the five-year equivalent pays 2.50%. Both accounts are also available as monthly versions, paying slightly reduced rates.

The finer details…

The accounts require a minimum investment of £1,000. Neither account allows additions, withdrawals or other early access, so savers will have to make sure they are happy to set their funds aside for the entirety of their chosen term. The accounts require a nominated current account for transactions, and must be opened online, after which they can also be operated by post and over the phone.

Why we like them…

The attractive rates on these bonds have earned them competitive places 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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