NOW CLOSED Newcastle 3 year bond, 4% with 90 days notice to withdraw

hugheskevi

I have the 5% bond from last July and my wife has the 5% Isa from last year and from both accounts you can withdraw with 90 days notice.

I have both the saving and ISA account with Newcastle. They changed the 90 day notice down to 30 days on the ISA, but still 90 on the normal saving account - your wife's ISA now also probably has 30 day notice rather than 90 days :j

Reaper

hugheskevi wrote: »

They changed the 90 day notice down to 30 days on the ISA

Strangely some people got letters about the change but others (including me) did not. However they told me it did apply to everybody when I asked.

2010

http://www.coventrybuildingsociety.co.uk/savings/postal.aspx

3.15% postal account, 4 withdrawals allowed in a year,decent rate where your money could sit until something better turns up and no notice to give.

avalanche_3

Gozomark

It may or may not mean a rise in fixed term accounts but it could mean you can get an instant access account at 4 or 5% +.

I like to have easy access to large amounts of my cash for other deals.

avalanche_3

hugheskevi wrote: »

I have both the saving and ISA account with Newcastle. They changed the 90 day notice down to 30 days on the ISA, but still 90 on the normal saving account - your wife's ISA now also probably has 30 day notice rather than 90 days :j

Thanks for the advice hugheskevi she now has an even better account than I first thought. 5% tax free with 30 days notice.:T

avalanche_3

Many thanks for your support Gordon, good to see somebody else is thinking straight.

gozomark

avalanche wrote: »

Gozomark

It may or may not mean a rise in fixed term accounts but it could mean you can get an instant access account at 4 or 5% +.
.

I very much doubt a 2% base rate would get you an instant access account at 4 or 5%. In reality you would be lucky to get base rate.

avalanche_3

Anyway it will be interesting to see what rates do go to when this happens.:rotfl:

I have 6% instant access at the moment ( only on £5000 though )
don't forget base rates are at an all time low! :eek:

avalanche_3

Just bumping the thread in case anybody missed this good offer from a smaller Building Society.

A bond which can be accessed in 90 days with 4% interest.

So you can use this for savings to be held anywhere from 90 days to 3 years as required!

Blackdog

I think this is a good deal to hedge your bets on an interest rate rise. The 90 days notice means you wont loose loads if rates go up.