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Short Term Fixed Rate Deals
TelBoy
Posts: 6 Forumite
Hi
I am looking for a 3 month Fixed Rate Bond and was wondering what deals were out there?
It is for about £20k to £25k as I am looking to buy a house late Summer so can only tie it up this long. I have already used this years ISA allowance.
I am looking for a 3 month Fixed Rate Bond and was wondering what deals were out there?
It is for about £20k to £25k as I am looking to buy a house late Summer so can only tie it up this long. I have already used this years ISA allowance.
0
Comments
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Telboy,
The best 3 month bonds (per moneyfacts search) are Ruffler Bank at 2.25% and Halifax at 2.2%. You can earn 3.17% with Bank of Cyprus, but that is a 6 month product.
However, you can earn better rates with a best buy variable account (low risk considering base rate can't go much lower). You can earn 2.75% with ING direct (no withdrawal penalty) or 3.26% with Ulster Bank (although you only earn 0.5% in the month you make a withdrawal.)
Good luck
R.Smile
, it makes people wonder what you have been up to.0
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