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edited 30 November -1 at 1:00AM in Savings & Investments
7 replies 1.1K views
I've been looking for a year bond to invest in for £50k and came across the Charterhouse / VW bond which seems to offer just over 5%. I've looked for reviews and couldn't find much. Its a step up from the usual 1.5 - 2% that most 1 year bonds offer so I'm naturally suspicious about it. It says it is FSCS and FCA compliant. Would that normally mean it is covered under the compensation scheme, as it doesn't actually say that on the site. Would appreciate input.