Zenith enters 3yr savings bond chart | Product News | moneyfacts.co.uk

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Zenith enters 3yr savings bond chart

Zenith enters 3yr savings bond chart

Category: Savings
Date: 20/02/2017

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 It is now over 6 months old so the content may be out of date.

Zenith Bank (UK) has increased the rate on its three-year fixed bond by 0.08%, which has helped it to enter the Best Buy chart for its sector and earned it a high Moneyfacts rating.

The basics…

The 3 Year Fixed Term Deposit now boasts a rate of 1.68%, which is paid on its anniversary and must be compounded.

The finer details…

This internet-operated account requires a minimum investment of £1,000. It does not allow any access prior to the end of the term, so savers will have to be certain they are happy with the amount they place into the account and won't need those funds for the entire term.

Why we like it…

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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