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!
Fixed Rate Bond
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
-
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
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.2K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards