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Zenith improves two-year bond rate

Zenith improves two-year bond rate

Category: Savings
Date: 04/07/2018

Zenith Bank (UK) Ltd has raised the rate on its two-year fixed rate bond by 0.12%, as a result of which it now sits in a competitive place in the Best Buys and earns a high Moneyfacts rating.

The basics…

The 2 Year Fixed Term Deposit now has a rate of 2.15%, paid on its anniversary, whereby interest must be compounded.

The finer details…

This account requires a minimum investment of £1,000. It does not permit additions or any early access, so savers will have to ensure they won't need their funds for the entire term. The bond must be opened online and can then only be operated by post.

Why we like it…

With its improved rate, it's easy to see why this account has earned a high rating as well as its position in the charts.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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