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New Bonds appearing
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Agree with posters above think rates will go up(just look at low mortgage rates are getting pulled every week to be replaced with higher rate accounts) and although it only pays just over 3% at the moment the Investec High 5 account looks a good compramise to lock into rates as they go up but still gives access to funds. As more providers look to attract savers can see the rate for this account to get closer to the current best norm of about 4% and if rates do increase within the next 6 months account could be paying 4-4.5% by the year end. Account can go down as well as up but cant see any down side in interest movement. Suspect they may close account to new investores if rates start to move up quickly.
Does anyone know if this account has a limited life, can't see anywhere that it says it is only for say 1 year, anyone looked into this?0
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