fixed rate savings dropping

noh

Do you still get the bonus if you close it early?

Yes you do.

Rollinghome

alared wrote: »

Earn 3.15% gross p.a./AER on balances from £1 up to £49,999. Rate includes a 12-month bonus of 2.65% gross p.a.
Do you still get the bonus if you close it early?

Without reading the small print I'd assume that you do. To keep the account open requires a minimum balance of just £1 anyway. Easiest way is to give them a call if in any doubt.

For £50K+ the rate is 3.30%.

G_M

Earn 3.15% gross p.a./AER on balances from £1 up to £49,999. Rate includes a 12-month bonus of 2.65% gross p.a.
Do you still get the bonus if you close it early?

Yes. It will be calculated daily and added to your account after a year, or on closure.
Yes, AA, Halifax, BOS, Birmingham Midshires and SAGA are all one institution as far as the £50K guarantee is concerned.

natman

Hi,

I am unsure why people arnt mentioning the bradford and bingley notice account at 3.30%
http://www.santander-products.co.uk/bbsavings/notice-saver-online.html

It offers an ok rate of 3.30, you can get access to your funds and is certainly an option I am taking up with my Coventry Building Society Matured money.
What are peoples thoughts on this account?

D1zzy

natman wrote: »

Hi,

I am unsure why people arnt mentioning the bradford and bingley notice account at 3.30%
http://www.santander-products.co.uk/bbsavings/notice-saver-online.html

It offers an ok rate of 3.30, you can get access to your funds and is certainly an option I am taking up with my Coventry Building Society Matured money.
What are peoples thoughts on this account?

60 days notice is a lot for rate that is bonus based (remember to give notice 10 months in ) - think if I didn't have existing 3.25 & 3.2% instant access accounts to home my poppy bond, I'd be going for Investec, albeit that it needs 25K and is 90 days notice, but at least it you can forget about it knowing that you will get a reasonable rate.

melbury

When oh when will these paltry interest rates end???

I keep thinking that base rate surely has to go up soon, but it just seems to be stuck at this ridiculously low level:mad:

When will we get back to savings accounts offering 6%, 7% or more?

D1zzy

melbury wrote: »

When oh when will these paltry interest rates end???

I keep thinking that base rate surely has to go up soon, but it just seems to be stuck at this ridiculously low level:mad:

When will we get back to savings accounts offering 6%, 7% or more?

Ah but its the "real rate" taking into account inflation that matters
-courtesy of LTSB Economic fact book, the last date available is for 2007 when the average saving rate was 5.2% and the" real rate" was 1.2%.

So maybe 3%ish now is not as bad as it sounds

moneylover

D1zzy wrote: »

Ah but its the "real rate" taking into account inflation that matters
-courtesy of LTSB Economic fact book, the last date available is for 2007 when the average saving rate was 5.2% and the" real rate" was 1.2%.

So maybe 3%ish now is not as bad as it sounds

true but I was questioning at the beginning of the thread that fixed rates have dropped in the last few weeks and I still dont understand why

D1zzy

moneylover wrote: »

true but I was questioning at the beginning of the thread that fixed rates have dropped in the last few weeks and I still dont understand why

Maybe because they all reached their targets and they're taking a break for Christmas. (You can still get a 3.75% to end of April 2011(16 months), & 4.2% for 2 years which are pretty close to the best short term fixes over the last few months {1 year fixes have been in short supply all year})
I can't see any good reason for there not being more options in the new year -but who knows.

moneylover

D1zzy wrote: »

Maybe because they all reached their targets and they're taking a break for Christmas. (You can still get a 3.75% to end of April 2011(16 months), & 4.2% for 2 years which are pretty close to the best short term fixes over the last few months {1 year fixes have been in short supply all year})
I can't see any good reason for there not being more options in the new year -but who knows.

yes, I wondered about the christmas thing too- can I ask where the 3.75% is?