Best Fixed Rate Bond ?

tired_mum

Hi all
Please can you help my 75 year old mum as she is looking for a fixed rate bond for 3-5 years for about £5000 maybe a bit more but she would like to be able to go into a branch and does not want postal or internet .
Many thanks in advance

isofa

Have a look at the best ones listed at Moneyfacts. However I'm guessing they are all postal or internet based. What bank/bs branches are local to your Mum?

You might find that Northern Rock and C+G (part of LTSB) offer good rates for the over 50s, and if you have local branches, then you'll be ok - none will beat online rates though.

alanq

In many cases bonds opened in branches can then only be operated by post. Northern Rock is one such case.

http://www.northernrock.co.uk/downloads/tandc_frb.pdf

isofa

If you have a Norwich and Peterborough Building Society near you, all their fixed term accounts (or incorrectly termed "bonds") are operable by branch, (think Skipton "bonds" are too) as are many other organisations. I'd check with your local branches if you aren't keep on postal or internet options.

Mikeyorks

If it's fixed rate / fixed period / fixed value .......... it doesn't leave much to manage that a Branch can add value to?

Talk her round and get a postal application in .... as she'll get a better rate.

isofa

Mikeyorks wrote: »

If it's fixed rate / fixed period / fixed value .......... it doesn't leave much to manage that a Branch can add value to?

Talk her round and get a postal application in .... as she'll get a better rate.

Many allow further deposits until the product is withdrawn, and obviously if it's a several year term, you can pop in each year and have the interest made up on the passbook.

Some people prefer to deal with branches, others not.

Best rates will always be on-line, then via postal accounts, then finally branches.