Close Brothers Premium Gold 2 Fixed Term Deposit Account

Sean Gardner, director of MoneyExpert.com, comments on Close Brothers Premium Gold 2 Fixed Term Deposit Account: "Savers have been hit hard in recent months so news of a long term, high interest account will be warmly welcomed by those looking for a decent return on their cash.

"Given the likelihood of rates being cut to below two per cent now is the time to take advantage of fixed rate bonds - if you can bear not to access your funds for at least a year.

"The Close Brothers account is difficult to beat if you have enough cash to qualify - you need at least £10,000 to open an account. ICICI offers 5.1 per cent but only guarantees the rate for a year. If it's long term returns you are after, Close Brothers is about the best around."