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Paragon
iolanthe07
Posts: 5,493 Forumite
I have £50K to put somewhere safe for a few years, and wonder about Paragon Bank, as it seems to offer about the best fixed rate deposit interest in what is a pretty dire savings environment. I realise that 2.5% may well not keep pace with inflation over 3 - 5 years, but I do need the government guarantee. Does anyone have any experience of Paragon Bank, as I hadn't heard of it before looking at the Savings & Investment section on here. Other suggestions welcome.
I used to think that good grammar is important, but now I know that good wine is importanter.
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Comments
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Yes I have an Isa with them. Held since 2015. No hesitation in recommending them. Very efficient and no problems at all.0
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You might want to consider Atom Bank for the high rates.
I have used Paragon no problems at all though.0 -
No problems with Paragon here0
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Have three accounts with Paragon - excellent service and very easy to open and use0
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I have had a couple of Fixed Rate Savings Bonds with Paragon over the years (one has just matured) with no problems. And would happily recommend.Never let the perfume of the premium overpower the odour of the risk0
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I found Paragon very efficient.0
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EdGasketTheSecond wrote: »
Oh dear! Not great reviews on the whole, but I suppose satisfied customers don't bother sending in comments.I used to think that good grammar is important, but now I know that good wine is importanter.0 -
Ok but doesn't do "instant" transfers, you have to wait till next day.0
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Oh, how the world has changed
Personal Responsibility - Sad but True
Sometimes.... I am like a dog with a bone0
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