Vanquis improves 3yr bond | Product News | moneyfacts.co.uk

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Vanquis improves 3yr bond

Vanquis improves 3yr bond

Category: Savings
Date: 10/03/2017

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 It is now over 6 months old so the content may be out of date.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 selected rates by up to 0.15%, which sees its three-year deal jump into the top-three of the Best Buy chart for its sector, earning it a high Moneyfacts rating in the process.

The basics…

The three-year bond now boasts a rate of 1.85%, paid on its anniversary. A version paying 1.83% on a monthly basis is also available.

The finer details…

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 entire three years. The product has to be opened online, but can then be managed by post and over the phone as well.

Why we like it…

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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