That feel when..

Alex92_2

you come to the end of your Santander 123 accounts 1 year period and FlexDirect accounts. This is a true first world problem.

Already have BoS, TSB and Lloyds Vantage's maxed out and 2x FD Regular Savers maxed out. Looking at buying a house in the next year or so (or when something nice pops up) and feel a bit stumped on where to move the rest of my money.

Will Max out my ISA allowance and transfer my previous years into it but i'm not really sure on what to do next.

It seems the only accounts for me that would be half-worth having would be

Santander 123 accounts (they have finished their 1 year period now)
FlexDirect (finished their period)
Lloyds (maxed)
BoS (maxed)
TSB (maxed)

fozziebeartoo

Are you referring to the 3% on Santander 123 account???

That's not just for 12 months......is it???

Or are you meaning something else?

Ifts

Alex92 wrote: »

Santander 123 accounts (they have finished their 1 year period now)

Not sure about the rate on the other accounts you have listed (I don't have them) but AFAIK the rate on the 123 accounts does not change after 12 months, it is not a 12 month fix its variable so will change if/when Santander changes the rate.

ColdIron

Alex92 wrote: »

Santander 123 accounts (they have finished their 1 year period now)

There is no 1 year restriction on a 123

innovate

And you can have 2 x 123s.

Sorry about the echo.

Alex92_2

fozziebeartoo wrote: »

Are you referring to the 3% on Santander 123 account???

That's not just for 12 months......is it???

Or are you meaning something else?

Oh sweet, this is brilliant. I got a letter through the post this morning but I was in a rush so only skim-read it. It said something about interest rates are now going down to 1.2% (or something like that). I presumed because I only had 3 accounts with them (Major ISA, 2*123's) that it was in reference to one of the 123s as the ISA is fixed. It sounds like it was probably another account or credit card they are pushing then. I ripped it up and threw it in the bin straight away because I was in a rush.

Well that's given me a bit more time to think about things. Thanks guys.

Alex92_2

innovate wrote: »

And you can have 2 x 123s.

Sorry about the echo.

Yeah, I've got two filled up. Thanks for the heads up though.

westy22

Yes, skim read, rip-up and bin it - then come back on here in a few months time enraged and complaining that Santander never told you about a change