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Fixed Rates that allow continuing deposits
shindigger
Posts: 166 Forumite
Are there any fixed rate bonds currently available that will allow you to add to the balance on an ongoing basis?
I had sworn that i wouldnt open another fixed rate bond due to not being able to get at Icesave money. However, im now sat here, like many others im sure, looking down the barrell of having nowhere decent to put my money when it is finally returned.
I have the option of leaving it here until 22 Dec, if i dont find any better home for it then i'll leave it there, as im sure plenty of Icesavers are considering now.
What a !!!!ing mess.:mad: :mad:
Any clues?
I had sworn that i wouldnt open another fixed rate bond due to not being able to get at Icesave money. However, im now sat here, like many others im sure, looking down the barrell of having nowhere decent to put my money when it is finally returned.
I have the option of leaving it here until 22 Dec, if i dont find any better home for it then i'll leave it there, as im sure plenty of Icesavers are considering now.
What a !!!!ing mess.:mad: :mad:
Any clues?
0
Comments
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These are very rare, and in my opinion any institution that offers them should immediately sack their directors for incompetance.
In the recent past Egg offered one and I think Coventry did for older savers but I don't think there are any left, unless anyone knows different?0 -
http://www.coventrybuildingsociety.co.uk/savings/poppybond.aspx
though: "Once your account is open you can make payments into it by cheque or internal transfer but only while the account is still open to new investors" - and I'd guess it won't stay open for much longer.....Stompa0 -
Bank of Scotland IASA Reward 5.8%
Halifax Guranteed Saver Reward (need to bank with them) 6.0%
4 withdrawals on both in a year.0 -
The best thing would be a regular saver...
Halifax regular saver - the rate is 7% and fixed.
Save between £25 and £500 every month for 12 months by standing order and get a rate of 7.00% AER fixed for a year.
http://www.halifax.co.uk/savings/regularsaver.asp
If you have excess cash that you will not need to access, place it in a fixed rate ISA or fixed rate bond, then keep the regular saver as a separate account for which you can add any excess cash each month...0
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