We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
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.
2022 Comp total (prizes + free spins): £494.81 #20 £12 a day Jan: £382.95/£372 #57 360 1p challenge: £17.70 £10 a day Feb: £571.09/£280 March: £311.96/£310
0
Comments
-
Saga are doing the same deal, you can get at your money with that account but lose 90 days interest0
-
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
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.4K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards