Best base rate tracker?

ratechaser

I'm looking for the best fixed term savings account that tracks the BoE base rate. Fair to say that these products are not always the easiest to find using conventional search engines. The best I've been able to find is a Halifax 18 month bond that tracks at base+1.3% (so 1.8% as of now) for deposits of £50k plus, is anyone aware of a better deal?

Deposit term isn't an issue (anything from 1-5 years fine). I know I could get a better fixed rate, but it does need to be this specific type of product as I'm planning to use it to offset the available funds in my flexible tracker mortgage. So I need to remove any risk from any future base rate moves.

Any suggestions/advice would be appreciated!
RC

buffman

What about the Investec 3 Year Base Rate Plus bond?

• Base +1.00% subject to a minimum of 2.60% AER*
• Minimum balance of £25,000 and maximum of £2,000,00

ratechaser

buffman wrote: »

What about the Investec 3 Year Base Rate Plus bond?

• Base +1.00% subject to a minimum of 2.60% AER*
• Minimum balance of £25,000 and maximum of £2,000,00

Aha, I thought there might be something else hiding out there. Admittedly there is an element of gamble here in that while base rates stay as they are, it nets a lot more, but if they go beyond 1.3% then suddenly it becomes less competitive. Could be quite a finely balanced decision over 3 years, but at least the downside risk versus Halifax is limited to 0.3%.

Thanks buffman, that's something to think about as an alternative...

RC