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fixed-rate bonds - 6.70 per cent the peak?
Comments
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Originally Posted by free4440273
yes, i can wait. my current bond with nationwide expires in three weeks. i would re-invest with NW but they don't even do two/three year bonds now:mad: . I was thinking of Scarborough or Heritable Bank. If anybody has any good/bad experiences of these two i would really appreciate it as the monies i have to invest are quite large (£200K). Thanks all
Quote:
Originally Posted by free4440273
OK, i have till Thursday morning to decide: looks like i will be opting for nationwide's 6.70 rate (monthly option). would have preferred a two year bond but they are only doing one year bonds for some reason. anyone know of other institutions which can better this rate; seems unlikely to me. I read that halifax web saver was also a good rate - any comments on this and nationwide. much appreciated as always
24hrs left till countdown:D still happy to receive comments and suggestions...Take aim
BLOODBATH IN THE EVENING THEN? :shocked: OR PERHAPS THE AFTERNOON? OR THE MORNING? OH, FORGET THIS MALARKEY!
THE KILLERS :cool:
THE PUNISHER :dance: MATURE CHEDDAR ADDICT:cool:0 -
My partner and I have a joint nationwide flex account. I would like to invest some of his money into the Nationwide 1yr Bond, but in his name only as he is a basic rate tax payer.
Would the nationwide allow him to do this or would the bond have to be in both our names ? I don't want to open another flexaccount in his name, too much hassle.0 -
My partner and I have a joint nationwide flex account. I would like to invest some of his money into the Nationwide 1yr Bond, but in his name only as he is a basic rate tax payer.
Would the nationwide allow him to do this or would the bond have to be in both our names ? I don't want to open another flexaccount in his name, too much hassle.
should be no problem whatsoever to open an account in his name only: myself and my partner also have a joint flex account and our previous bond with NW was in my name only BLOODBATH IN THE EVENING THEN? :shocked: OR PERHAPS THE AFTERNOON? OR THE MORNING? OH, FORGET THIS MALARKEY!
THE KILLERS :cool:
THE PUNISHER :dance: MATURE CHEDDAR ADDICT:cool:0 -
free
Having put some money in the 1 year FTBs at or near 7% peak, I am now looking at the 2 year bond aka Halifax Fixed Rate Websaver @ 6.75%.
Not a bad deal for 2 years - might be of interest to you as you mentioned you were originally looking for a longer term.
To open a 2 year Fixed Rate Websaver, you first have to open a Variable Rate Websaver as a feeder account - which is where I am at present, waiting for the paperwork to come through (thanks, Royal Mail:mad: )."Success is the ability to go from failure to failure without losing your enthusiasm" (Sir Winston Churchill)0 -
^Thanks Liz BLOODBATH IN THE EVENING THEN? :shocked: OR PERHAPS THE AFTERNOON? OR THE MORNING? OH, FORGET THIS MALARKEY!
THE KILLERS :cool:
THE PUNISHER :dance: MATURE CHEDDAR ADDICT:cool:0 -
Originally Posted by free4440273
yes, i can wait. my current bond with nationwide expires in three weeks. i would re-invest with NW but they don't even do two/three year bonds now:mad: . I was thinking of Scarborough or Heritable Bank. If anybody has any good/bad experiences of these two i would really appreciate it as the monies i have to invest are quite large (£200K). Thanks all
Quote:
Originally Posted by free4440273
OK, i have till Thursday morning to decide: looks like i will be opting for nationwide's 6.70 rate (monthly option). would have preferred a two year bond but they are only doing one year bonds for some reason. anyone know of other institutions which can better this rate; seems unlikely to me. I read that halifax web saver was also a good rate - any comments on this and nationwide. much appreciated as always
Done and dusted: chose the NW 6.70% rate, Loyalty Fixed Rate one year bond (monthly interest). Interest accruing from today:D. As always, good customer service when i popped in this morning. And for what it's worth, I believe rates are going DOWN soon...Thanks everybody for your help and advice, especially bristolleedsfan and babyboomer et al.
BLOODBATH IN THE EVENING THEN? :shocked: OR PERHAPS THE AFTERNOON? OR THE MORNING? OH, FORGET THIS MALARKEY!
THE KILLERS :cool:
THE PUNISHER :dance: MATURE CHEDDAR ADDICT:cool:0 -
free4440273 wrote: »Originally Posted by free4440273
yes, i can wait. my current bond with nationwide expires in three weeks. i would re-invest with NW but they don't even do two/three year bonds now:mad: . I was thinking of Scarborough or Heritable Bank. If anybody has any good/bad experiences of these two i would really appreciate it as the monies i have to invest are quite large (£200K). Thanks all
Quote:
Originally Posted by free4440273
OK, i have till Thursday morning to decide: looks like i will be opting for nationwide's 6.70 rate (monthly option). would have preferred a two year bond but they are only doing one year bonds for some reason. anyone know of other institutions which can better this rate; seems unlikely to me. I read that halifax web saver was also a good rate - any comments on this and nationwide. much appreciated as always
Done and dusted: chose the NW 6.70% rate, Loyalty Fixed Rate one year bond (monthly interest). Interest accruing from today:D. As always, good customer service when i popped in this morning. And for what it's worth, I believe rates are going DOWN soon...Thanks everybody for your help and advice, especially bristolleedsfan and babyboomer et al.
I know some have had difficult experiences with NW as of late. Just thought I'd share my good experiences: aside from the really good customer service as above post, they were really efficient as always: even taking into account the postal problems, i received my bond certificate this morning (within four working days). If they keep it up, I'll be with them for another fifteen yrs
BLOODBATH IN THE EVENING THEN? :shocked: OR PERHAPS THE AFTERNOON? OR THE MORNING? OH, FORGET THIS MALARKEY!
THE KILLERS :cool:
THE PUNISHER :dance: MATURE CHEDDAR ADDICT:cool:0 -
SAGA have just put their latest 1 year fixed interest bond on sale. It pays 6.6% gross monthly interest, giving a notional APR of 6.8% gross.
The APR assumes the monthly interest is reinvested at 6.6% but in practice it is paid back to your nominated account each month. SAGA is probably unique in offering the same rate of interest regardless of whether you ask for monthly or annual interest, so the monthly interest option has a higher APR than the annual option!
Money is deposited with Birmingham Midshires (part of HBOS) and the account is available if you are aged 50 or more. These accounts are normally fully subscribed within a week of going on sale!
http://www.saga.co.uk/finance/spf/home_fixed_rates.asp0 -
thanks Nick: i went with NW in the end: above posts explain all
...and we reach 100:beer:BLOODBATH IN THE EVENING THEN? :shocked: OR PERHAPS THE AFTERNOON? OR THE MORNING? OH, FORGET THIS MALARKEY!
THE KILLERS :cool:
THE PUNISHER :dance: MATURE CHEDDAR ADDICT:cool:0
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