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What is the best 2 year fixed rate bond?
jak
Posts: 2,027 Forumite
I'm looking to put away £5200 for approx. 2 years. The best rate I can find is with AA 25 month bond @ 4.35%. Is this the best I can do? Any ideas would be great. Thanks.
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Comments
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Saga are doing the same deal, you can get at your money with that account but lose 90 days interest0
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I would say that with just £5200 it is more important to go for a bond from a bank you can trust or you are dealing with already.
Nationwide are offering 4.15% on a two year bond. On £5200 the difference from 4.35% is just £10.40 per year or 86p per month. That's not worth just going for the best rate.
Abbey are also offering 4.15%, but they take forever to open a bond and are very difficult to communicate with.0
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