Fixed cash ISA

nottingham13

Hi

I have my cash isa fixed til april, with lloyds (therefore it matures in april). But I have had a letter from them today asking if i want to fix it in at 3.5% for another year when my cash ISA matures in april. But i am only able to decide this now for a couple weeks before the offer is withdrawn.

Is it worth accepting this offer now ? Or do I dare and wait til april to see what other offers are around and then transfer? but by then interest rates may have fallen further? Therefore this 3.5% might have been a really good deal?

Thanks

Lokolo

The choice is yours. We can't tell you what the rates are going to be in the banks in 3 months, 6 months time or whatever. It comparison to other banks at the moment its an ok deal. Some better but a lot worse.

http://forums.moneysavingexpert.com/showthread.html?t=1410099

Theres also already another thread on it.