As the savings market continues to surge, Cahoot, the UK-based online bank, has today announced increased rates on its Fixed Rate Bond range, including ‘top of market’ rates on two year and three year Fixed Rate Bonds.. 

Fixed Rate Bonds are available immediately: 

·        1 Year Fixed Rate Bond: 4.30% AER/Gross from 3.70% AER/Gross 

·        2 Year Fixed Rate Bond: 4.70% AER/Gross from 4.10% AER/Gross 

·        3 Year Fixed Rate Bond: 4.80% AER/Gross from 4.20% AER/Gross 

Cahoot savers locking away £10,000 in a 3 Year Fixed Rate Bond product will see annual returns of £480.  Savers can check what returns they can get by using the Bank of England savings calculator. 

Check all the latest best buy savings deals on Moneynet.

A Fixed Rate Bond can be opened with only a £500 deposit and with a maximum balance of up to £2 million. All accounts are protected by the Financial Services Compensation Scheme (FSCS)¹ up to £85,000, to provide customers with peace of mind.