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Fixed Rate Bond
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tuntun
Posts: 7 Forumite
Quick questions:
When putting down the initial deposit for a fixed term fixed rate bond (say for 1 year), can I add to the deposit at any time during that year before it matures or are bonds strictly restricted to the initial deposit amount?
Any answers?
When putting down the initial deposit for a fixed term fixed rate bond (say for 1 year), can I add to the deposit at any time during that year before it matures or are bonds strictly restricted to the initial deposit amount?
Any answers?
0
Comments
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Yorkshire BS Variable Rate Bond (issue 3)
http://www.ybs.co.uk/savings/future/var_rate_bond/index.jsp
1 year bond allows you to add additional funds. Interest rate iis 5.5%0 -
Save&Spend wrote: »Yorkshire BS Variable Rate Bond (issue 3)
http://www.ybs.co.uk/savings/future/var_rate_bond/index.jsp
1 year bond allows you to add additional funds. Interest rate iis 5.5%
its a variable rate not a "fixed" rate 1 year term, there tends to be higher rate 1 year fixed rate/ fixed term bond available0 -
You usually can not add to the account after the initial contribution.
Sometimes you can put some more in but it goes into a separate but similar account...0
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