What are the chances Santanders one year bond rates will drop further in short term?

martin57

Hi,

I have 50k maturing soon and want to put it in one year bond with Santander at 1.75% but could earn over 3% up to middle of july with an old esaver that is due then to drop to 0.5% but would earn 1.25% new esaver issue 10.

Just wondering should I transfer the 50k to the existing esaver and have over 40 days interest with the 50k at 3% and take the chance that the one year bond will remain at 1.75% with Santander to around middle of July?

Thanks for any advice
martin57

ColdIron

If you put it all in an Investec 1 year fix at 1.9% I think you'd earn more with a lot less faff and uncertainty

badger09

Have you thought about Santander's 123 account? Or LTSB and BoS Vantage? Or Nationwide's FlexDirect?

All are current accounts and there are T&Cs to meet, but all paying much more than 1.75%.