Written by Editorial Team
18th July 2019

Market Leading Fixed Rate Bonds Up To 2.60% AER

Top fixed rate bonds for your savings…

“The latest inflation figures show that for the 12 months to June, the Consumer Price Index rose by 2.0%, which is right at the upper limit of the Bank of England’s ongoing target. For those savers who are concerned about this rise in the cost of living, the fixed term savings below not only offer market leading interest rates, but all three offer a return which is well over the current rate of inflation.

RCI Bank has been a popular provider for many savers in recent years, and three of their accounts currently offer chart topping interest rates. Their 3, 4 and 5 Year Fixed Term Savings accounts are offering 2.36% AER, 2.40% AER and 2.60% AER respectively. They have a low minimum of £1,000, and you can have interest paid monthly or annually, into an account of your choice.

Average returns from longer term fixed rates have increased recently, and so by offering market leading rates along with the ability to apply online in minutes, these are definitely worth a closer look.“

Oliver Roylance-Smith, head of savings and investment

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Eligible deposits held with RCI Bank are protected up to £85,000 by the UK’s Financial Services Compensation Scheme.