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Cash ISA rates post Brexit

rob_davies_2
rob_davies_2 Posts: 1 Newbie
in Savings & investments
Are fixed cash ISA interest rates going to fall or rise post brexit?

Rob

Comments

  • [Deleted User]
    [Deleted User] Posts: 47 Forumite
    10 Posts
    I don't think anyone knows the answer to that one I'm afraid.
  • bigfreddiel
    bigfreddiel Posts: 4,263 Forumite
    I think a fall followed by a rise - does that help? fj
  • bigadaj
    bigadaj Posts: 11,531 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper
    Well they're crap anyway so it's a bit of a moot point.
  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    rob_davies wrote: »
    Are fixed cash ISA interest rates going to fall or rise post brexit?

    Rob

    Since Brexit will be a drawn out process that takes 5 -10 years, and since many other events will occur during that period which will affect interest rates, there is no knowing.
  • badger09
    badger09 Posts: 11,771 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    rob_davies wrote: »
    Are fixed cash ISA interest rates going to fall or rise post brexit?

    Rob

    Yes........
  • poppy10_2
    poppy10_2 Posts: 6,597 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    badger09 wrote: »
    Yes........
    No .
    poppy10
  • hildosaver
    hildosaver Posts: 380 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    It is getting to the point that it is almost not worth your time saving anymore - now is the time to look towards investments. Personally I'm thinking long and hard about using a large chunk of my savings and investing it into starting a renovation company with 2 pals of mine. I wouldnt have considered this a few years ago but the money is doing nothing in savings and this is likely to get worse before it gets better - which could be in a decade or two.
    I am insane and have 4 mortgages - total mortgage debt £200k. Target to zero = 10 years! (2030)
  • badger09
    badger09 Posts: 11,771 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    badger09 wrote: »
    Yes........
    poppy10 wrote: »
    No .



    Several have already fallen since Brexit, with more in the pipeline. I'm not aware of any which have risen.

    So I'm right and you're wrong:D
This discussion has been closed.
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