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!
Barnsley BS 3 yr bond at 5%

avalanche_3
Posts: 93 Forumite
This bond is still available over the internet but won't last long, the Yorkshire BS who own the Barnsley have pulled their identical product last weekend.
This is by far the best rate at the moment for a 3 year bond.:j
This is by far the best rate at the moment for a 3 year bond.:j
0
Comments
-
This bond is still available over the internet but won't last long, the Yorkshire BS who own the Barnsley have pulled their identical product last weekend.
This is by far the best rate at the moment for a 3 year bond.:j
For now maybe - but for me, it won't be a case of buy now while stocks last. There will be, IMO, better deals in the not too distant future.0 -
This is by far the best rate at the moment for a 3 year bond.:j"The trouble with quotations on the Internet is that you never know whether they are genuine" - Charles Dickens0
-
Old_Slaphead wrote: »There will be, IMO, better deals in the not too distant future.
I disagree.
It's a gamble whichever way you play it but I don't believe that there will be a better deal to beat this offer in the 3 year timescale.
Remember if you wait 12 months for a better deal you will have lost time on the 3 year term, so the lost interest would have to be made up to beat it.
I have invested £25000 in this today and I have no regrets.
Andy0 -
I wouldn't expect any regrets after a day. After a year or two who knows.0
-
I put money into the Newcastle 5% bond because early withdrawal is allowed. Not too keen on this one because you're fully committed to the 3 years.0
-
Andystriker wrote: »but I don't believe that there will be a better deal to beat this offer in the 3 year timescale0
-
Andystriker wrote: »I disagree.
It's a gamble whichever way you play it but I don't believe that there will be a better deal to beat this offer in the 3 year timescale.
Remember if you wait 12 months for a better deal you will have lost time on the 3 year term, so the lost interest would have to be made up to beat it.
I have invested £25000 in this today and I have no regrets.
Andy
We'll see.
Just my view of course and I'm not always right (I've a 2 year bond at 4.3% which is starting to look a bit feeble - but then again, I've also 5yr paying 7%).
At moment I'm holding off "investing" my spare cash (currently with A&L @ 3.15% for immediate access) awaiting a 2 year offering north of 5%0 -
Old_Slaphead wrote: »At moment I'm holding off "investing" my spare cash (currently with A&L @ 3.15% for immediate access) awaiting a 2 year offering north of 5%
You could open Lloyds TSB Vantage current accounts, currently paying 4% on balances between 5 & 7K. Yo have to pass 1k per month through the account/s, mind you.0 -
Yo have to pass 1k per month through the account/s, mind you.
Yes but it doesn't have to be outside money. If you have two vantage accounts you can simply pass the £1000 from one to the other, and back again.I'm a retired employment solicitor. Hopefully some of my comments might be useful, but they are only my opinion and not intended as legal advice.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 352K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245K Work, Benefits & Business
- 600.6K Mortgages, Homes & Bills
- 177.4K Life & Family
- 258.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards