Limit to the amount of fixed rate bonds you can have?

Is there a limit to the number of fixed rate bonds you can have?

i.e. can I have a fixed rate bond with 4 or 5 different banks at the same time?

Comments

  • Is there a limit to the number of fixed rate bonds you can have?

    i.e. can I have a fixed rate bond with 4 or 5 different banks at the same time?

    as many as u can fund. ;)
  • dunstonh
    dunstonh Posts: 116,043
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    I wish the marketing men at the banks that call these bonds would use the correct terminology. They are fixed term deposits. Bonds are something different.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • ManAtHome
    ManAtHome Posts: 8,512
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    Yes, even Natwest have Fixed-Rate Bonds (savings) despite their "men from another bank" advert saying something like "get them in and confuse them with words like Bond"... would have thought they could come up with "another way" to market them.

    ps (OP)- wouldn't bother checking them out - they seem to have found "another way" to fork out over 1%pa less than the better ones.
  • free4440273
    free4440273 Posts: 38,438 Forumite
    Is there a limit to the number of fixed rate bonds you can have?
    No :)
    i.e. can I have a fixed rate bond with 4 or 5 different banks at the same time?
    ^^^^^Yes:j:D
    BLOODBATH IN THE EVENING THEN? :shocked: OR PERHAPS THE AFTERNOON? OR THE MORNING? OH, FORGET THIS MALARKEY!

    THE KILLERS :cool:

    THE PUNISHER :dance: MATURE CHEDDAR ADDICT:cool:
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