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Paragon Bank - 3 year fixed rate

newuser78
newuser78 Posts: 187 Forumite
in Savings & investments
Hi

I applied for a 3-year fixed rate at Paragon Bank (as it topped the savings table) on Wednesday 3rd - all went well and have received a welcome pack yesterday.

However, for the life of me, I cannot remember what the interest rate was! Was it 2.30% or 2.10%? For some reason this key information is missing from the pack and my online account.

Unfortunately the "Best Buy 3 year fixed" is changed so cannot see the previous one!

Any ideas?

Many thanks!

Comments

  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    newuser78 wrote: »
    Any ideas?
    Sometimes you can't see the wood for the trees! ;)

    http://www.paragonbank.co.uk/savings/historic-rates/

    Looks like 2.0% AER
  • newuser78
    newuser78 Posts: 187 Forumite
    Great thanks! So not 2.30% then... must have been my dream! ;)
  • Ifts
    Ifts Posts: 1,960 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Name Dropper
    newuser78 wrote: »
    So not 2.30% then...

    Not unless you accidentally signed up for their 5 year fix which was paying 2.30%!
    Never let the perfume of the premium overpower the odour of the risk
  • Snowbelle
    Snowbelle Posts: 353 Forumite
    Its definitely 2% but like you say there is no mention of the rate in the welcome pack or on the online account. Apparently this will show up online once its been funded.
  • Ifts
    Ifts Posts: 1,960 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Name Dropper
    Snowbelle wrote: »
    Apparently this will show up online once its been funded.

    Yes thats correct when viewing your account online, the rate will be displayed once the minimum deposit (10K) has been paid in.
    Never let the perfume of the premium overpower the odour of the risk
  • newuser78
    newuser78 Posts: 187 Forumite
    Ifts wrote: »
    Yes thats correct when viewing your account online, the rate will be displayed once the minimum deposit (10K) has been paid in.

    Yep - correct. The rate is guaranteed on the date of your application provided that you fund the account of minimum 1k (up to 100k I think) within 14 days.

    So I have done the deed and it is now locked for 3 years - let's hope the base rate will improve by then... (wishful thinking)
This discussion has been closed.
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