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Darlington Building Society Bond 7 sounds good?

Am thinking of investing in Darlington BS 2 year fixed rate rolling investment bond 7 which pays 6.55% gross. Minimum investment is 10K. Is this a good idea or is there a better place for my money?

Comments

  • Not a bad rate at all, but looking at two year bonds only, and Building Societies only, the Stroud and Swindon are offering 7.1%; Progressive 6.65% and the Loughborough 6.59%.

    If you want to save with a bank several are offering over 7% at present. Have a look here for details.
    "The trouble with quotations on the Internet is that you never know whether they are genuine" - Charles Dickens
  • ps2659
    ps2659 Posts: 534 Forumite
    Part of the Furniture 100 Posts
    annie42 wrote: »
    Am thinking of investing in Darlington BS 2 year fixed rate rolling investment bond 7 which pays 6.55% gross. Minimum investment is 10K. Is this a good idea or is there a better place for my money?

    Kaupthing Edge currently have a 3-year bond paying 7.67% gross/7.15%AER.
  • annie42
    annie42 Posts: 215 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Many thanks for the info. Clearly I can do better than go with Darlo BS.
  • Geoffo_M
    Geoffo_M Posts: 1,161 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Have they pulled it already? Best on website is 6.76% on a 2 year deal
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