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Category: Savings Author: Lieke Braadbaart Date: 25/08/2017
Vanquis Bank has increased the rate on its four-year fixed bond by 0.10%, which sees it enter the Best Buy chart for its sector and earns it a high rating in the process.
The four-year version of Vanquis Bank Savings now boasts a fixed rate of 2.35%, paid on its anniversary. A version of the account which pays a rate of 2.33% on a monthly basis is also available.
This account requires a minimum investment of £1,000. It does not allow any early access, so savers will have to ensure they won't need their funds for the whole term. It requires a nominated current account for access and can only be opened online, after which it can also be operated by post and over the phone.
The increased rate on this deal has helped it secure a competitive position in the Best Buy charts, as well as earning it 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 Any products featured may be withdrawn by their provider or changed at any time.
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