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Yorkshire’s 3yr bond enters Best Buys

Yorkshire’s 3yr bond enters Best Buys

Category: Savings
Date: 19/07/2017

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 It is now over 6 months old so the content may be out of date.

Yorkshire Bank has increased selected fixed rates by up to 0.45%, which sees its three-year deal enter the Best Buy chart for its sector, earning a high Moneyfacts rating in the process.

The basics…

The three-year fixed Term Deposit now boasts a rate of 2.00%, paid yearly, whereby interest must be paid away. A monthly version paying a slightly reduced rate is also available, and an identical account is offered by Clydesdale Bank for those who live closer to Clydesdale branches.

The finer details…

This account requires a minimum investment of £2,000. It does not allow further additions or any early access, so savers should make sure they won't need their funds for the whole three years, and interested consumers will need to have or open a Yorkshire Bank current or savings account in order to open this bond. It can only be opened in branch, after which it can be managed online, by post and over the phone as well.

Why we like it…

The increased rate on this account has made it competitive enough to earn a position 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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