We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
julian hodge capital millennium bond
Options
graham_gaskell
Posts: 2 Newbie
anyone got one of these, seems a pretty decent monthly return at the moment 3.7% fixed one year, but am a bit wary of the bank as I have never heard of them before. Any help appreciated.
0
Comments
-
I've got several cash Isa's with them as well as other fixed rate bonds.
Why are you wary of them given the safety measures in place for the first £50K0 -
Julian Hodge is an established smaller bank that is covered by the FSA Guarantee.
But in any case you can get 3.95% from NS&I and that's rock solid!I'm a retired employment solicitor. Hopefully some of my comments might be useful, but they are only my opinion and not intended as legal advice.0 -
Not any more you can't.zzzLazyDaisy wrote: »But in any case you can get 3.95% from NS&I and that's rock solid!Stompa0 -
The NS&I 3.95% bond was pulled last night only 3 and 4yr bonds available now,0
-
oops! thanks!
You can also get a Lloyds Tsb Vantage account paying 4% monthy interest, with instant access but you need to have between £5k and £7k to get that rate, and you have to cycle £1000 through it each month (but that can be a SO in and straight out).
You can have up to three of these accounts and just cycle the £1000 between the three accounts each month (it doesn't have to be new money)I'm a retired employment solicitor. Hopefully some of my comments might be useful, but they are only my opinion and not intended as legal advice.0 -
graham_gaskell wrote: »anyone got one of these, seems a pretty decent monthly return at the moment 3.7% fixed one year, but am a bit wary of the bank as I have never heard of them before. Any help appreciated.
I was in the post-office this afternoon and noticed that they also have a one year bond paying 3.7%I'm a retired employment solicitor. Hopefully some of my comments might be useful, but they are only my opinion and not intended as legal advice.0 -
zzzLazyDaisy wrote: »I was in the post-office this afternoon and noticed that they also have a one year bond paying 3.7%
Through Bank of Ireland though so comes under the Irish compensation scheme.0 -
My wife has a one year Capital Millennium Bond taken out early this year when it was 4.50%. She has monthly interest for income. That will be yet another of our bonds up for reinvestment somewhere at maturity in January 2010. But they do seem OK.graham_gaskell wrote: »anyone got one of these, seems a pretty decent monthly return at the moment 3.7% fixed one year, but am a bit wary of the bank as I have never heard of them before. Any help appreciated.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.2K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.2K Work, Benefits & Business
- 599.2K Mortgages, Homes & Bills
- 177K Life & Family
- 257.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards