Cash ISA - fixed or variable interest?

fimonkey

Just asking for some advice really,

I currently have 10K in an ISA paying 5.25% variable. This has dropped from the 6.25% when I opened it 6 months ago.

In the best buy tables currently, the best variable rate ISA is 6.25%

The best 1 year fixed rate ISA is paying 5.25% (but it's called a 'bond' so I guess it means no withdrawals allowed).

So reckon its worth moving my money from the current 5.25% variable? If so, to where? The fixed 5.25% for one year, or the 6.25% variable?

I suppose I'm asking whether people think interest rates are likely to drop significantly in the near future/

Thanks in advance

fablad75

I think people are expecting interest rates to drop quite a lot.

But don't take my word for it!

soulsaver

fablad75 wrote: »

I think people are expecting interest rates to drop quite a lot.

But don't take my word for it!

Ditto. Or Mine...