In terms of the features and benefits afforded by Bank of Cyprus fixed rate bonds, customers can expect the following:
- A rate of interest that will remain the same for the duration of the agreement
- Interest that will be paid in full on maturity
- A minimum deposit of £1
- No early withdrawals
The Bank of Cyprus also offer loyalty benefits to existing customers who can expect an even better rate of interest on their fixed rate bonds if they already bank with the provider. Customers should also consider the agreed length of their fixed rate bonds account, as there are several different types of agreement available.
Consult our table below for comparisons on different fixed rate bond deals that are available in the market right now, and find the best deal for you.
Founded in 1899, the Bank of Cyprus are considered the second largest company in Greece and have a branches and institutions in a number of different countries.
Bank of Cyprus fixed rate bonds may be particularly useful for customers who wish to invest and save money on a long term basis. Although it should be remembered that customers may not be able to access funds that are invested into fixed rate bonds, or may incur a charge or interest rate penalty for doing so.
It is also important to note that if you invest in a Bank of Cyprus fixed rate bond you may not come under the UK financial services compensation scheme. Please read the terms and conditions of the product before you apply.