Maturing bond.

welda

After a few pointers if possible? I have a bond maturing end of this month (santander) As a loyal customer (their words) I can either take the money and run or, have funds put into a "Loyalty Bond" fixed for one year @ 2.6% gross pa/AER, which includes a loyalty reward of 1.6% gross pa/AER. If I remove any amount from the bond, I lose the latter 1.6%. Any other options will be greatly received?

Samer for other funds I have with same bank in their Santander International Equity Fund, over the recent months fund has been like being on a roller coaster, although I am in the black with what is meant to be a long term investment, as above, other options that maybe worth looking at?

Thanks in advance, and regards..........

opinions4u

Easy access: 2.8% with www.theaa.com/savings. Minimum rate for a year is 2.3% (which is a bonus that expires after 12 months), but it gives you maximum flexibility.

Fixed for a year: 3.0% with Northern Rock or Barnsley Building Society.

Fixed for 2 years: 3.6% Coventry Building Society, 3.55% Halifax Web Saver.

Andystriker

Between £5,000 and £7,000 earns 4% gross in a Lloyds TSB Vantage A/C. You can open 3 of these so you could invest up to £21,000 here.

You would need to remember to move £1,000 through these accounts each month to get the 4%.

welda

Andystriker wrote: »

Between £5,000 and £7,000 earns 4% gross in a Lloyds TSB Vantage A/C. You can open 3 of these so you could invest up to £21,000 here.

You would need to remember to move £1,000 through these accounts each month to get the 4%.

All of the above is very doable, figures add up better than I currenty receive from my santander zero & esaver accounts, excluding bond money too!

Regards...............