Fixed Rate Account To Which You Can Add Funds

Stompa

Does anybody know if there are any fixed rate accounts which could be opened now (to guarantee the rate), and then have more funds added next year?

(Seems pretty unlikely to me, but I thought I'd ask just in case!)

messeditup_2

as far as i am awareyou can add funds to this account.
Birmingham midshires
Internet 1 Year Fixed Rate Bond (Monthly Interest)

• Gross p.a.: 5.46%
• Net: 4.37%
• AER: 5.60%

Stompa

messeditup wrote: »

as far as i am awareyou can add funds to this account.
Birmingham midshires
Internet 1 Year Fixed Rate Bond (Monthly Interest)

• Gross p.a.: 5.46%
• Net: 4.37%
• AER: 5.60%

Are you sure? I was looking at those just before I posted, and it says "Each issue of this type of bond has a limited amount of money that can be invested in it, so we urge you to invest before the issue is fully subscribed", which to me implies that there'll be a cutoff point after which no more money can be added.

Pandora123_2

Bank of Scotland Instant Access Savings Account Reward

5.80% AER

Rate guaranteed for one year.

Can add to it during the year.

Limited withdrawals. Minimum deposit of 5000.

grnglide

Pandora123 wrote: »

Bank of Scotland Instant Access Savings Account Reward

5.80% AER

Rate guaranteed for one year.

Can add to it during the year.

Limited withdrawals. Minimum deposit of 5000.

Closing date of Wednesday!

Open by phone and fund it with FasterPayment transfer.

Opened mine last week with some of the IceSave money

Stompa

Pandora123 wrote: »

Bank of Scotland Instant Access Savings Account Reward

5.80% AER

Rate guaranteed for one year.

Can add to it during the year.

Limited withdrawals. Minimum deposit of 5000.

Thanks, that sounds ideal, though I doubt I could fund it in time to beat the deadline.

ericpode

What about the "Halifax Guaranteed Saver Reward" at 6% ?

http://www.halifax.co.uk/savings/guaranteedsaverreward.asp

But you need to have a "qualifying account", such as a current account with them and deposit £1000 a month into the qaulifying account for the next 12 months - shouldn't be a problem if you just cycle it in and out.

You have to have the minimum £2500 in the account for the whole 12 months, but it sounds like you can add money to it any time during the 12 months.

• Minimum/maximum balance - £2,500 up to £9,999,999

• Withdrawals - 4 withdrawals within the 12 month reward period
• Unlimited number of deposits into your Halifax Guaranteed Saver Reward.

opinions4u

Halifax Web Saver Reward.

5% fixed for a year

4 withdrawals

£50 minimum opening balance

Additional deposits allowed

Bet you can fund that!

https://www.halifax.co.uk/savings

BigJonnyB

Stompa wrote: »

Thanks, that sounds ideal, though I doubt I could fund it in time to beat the deadline.

You can open it over the phone and then pay in a cheque in a haliax branch...the cheque doesn't have to have cleared by the deadline - it just needs to have been paid in...

JB

lowbrim

halifax fixed saver reward 6% but you have to open a current account and transfer at least £1000 a month into the current account but it can be withdrawn straight away. It also looks like you can add to the savimngs account as well and you are allowed 4 withdraws

Stompa

Thanks folks (though looks as though most of these are on the verge of disappearing).