We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Are savings bonds covered just like savings accounts?
chopperharris
Posts: 1,027 Forumite
Hi I am wishing to put some somey into 1,2,3 year saving bonds with either firstave or kedge.....35k in each.
Are they covered like for like , ie up to 35k just like a regular account , or is there different rules for savings bonds like these?
tia
Are they covered like for like , ie up to 35k just like a regular account , or is there different rules for savings bonds like these?
tia
Have you tried turning it off and on again?
0
Comments
-
The term "bonds" for these accounts is usually a bit confusing - "fixed-rate, fixed-term savings account" would be more accurate. AFAIK they're treated exactly the same as other savings accounts.student100 hasn't been a student since 2007...0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.3K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.2K Work, Benefits & Business
- 603.9K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards