Moneyfacts Weekly Product News 17 06 21 | moneyfacts co uk moneyfacts.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneyfacts.co.uk Daily Mail and Mail on Sunday newspapers.
Topping the fixed rate bond chart overall this week was Gatehouse Bank, which pays an expected profit rate of 1.40% gross on anniversary on its Fixed Term Green Saver. To open this account, a £1,000 minimum deposit is needed. It has the incentive of Gatehouse Bank planting a tree in a UK woodland when the account is opened and funded. The account must be opened and managed online.
Topping both the three and two year fixed rate bond charts this week was Zopa, which pays 1.00% gross on its 3 Year Fixed Term Savings account and 0.89% gross on its 2 Year Fixed Term Savings account. Although interest is paid monthly on these accounts, it is only available on maturity. Both accounts require a £1,000 minimum opening deposit. They must be opened online but can then be managed online and via mobile app.
The Best Savings Rates This Week 23 04 21 moneyfacts.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneyfacts.co.uk Daily Mail and Mail on Sunday newspapers.
ICICI Bank UK’s Notice Savings Account and Raisin UK – 95 Day Notice Account both pay 0.85% gross monthly. Notice Savings Account requires a £1 minimum deposit to open and a HomeVantage Current Account is needed. It allows further additions. Withdrawals are permitted subject to 95 days’ notice and all transactions must be made via a linked HomeVantage Current Account. It can be both opened and managed online, in branch and by phone. It should be noted that the rate will reduce to 0.55% on 15.3.21 and 0.35% on 3.5.21. Raisin UK – 95 Day Notice Account requires a £1,000 minimum deposit to open and allows further additions. Withdrawals can be made but must be of the full account balance and subject to 95 days’ notice and account closure. The account must be opened online, but can then be managed online, by post and by phone. It should be noted that the rate will reduce to 0.55% on 9.3.21 and 0.35% on 27.4.21. This account benefits from Raisin UK offering a bonus or Amazo