We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

12 Month Fixed Rate Bond

Hi, I am looking to open a 12 month fixed rate bond with either Zenith or Oak North.(Because they are the top interest paying at the moment) I can see that they are both fully covered by the FSCS protection scheme, but I don't seem to know very much about them. Can anyone tell me if either, or which one is worth opening.Thanks in advance for any advice or comments

Comments

  • eskbanker
    eskbanker Posts: 38,141 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Not really sure what you actually want to know - you've obviously researched them enough to know that they're covered by FSCS and that their offerings are at the top of current best buy tables for one-year accounts, which by their nature don't involve regular access requirements, apps, speedy withdrawals, etc. Perhaps worth searching through threads on the savings board for references to their names (Oaknorth is one word btw)?
  • Homeboy_1
    Homeboy_1 Posts: 134 Forumite
    Part of the Furniture 10 Posts Photogenic
    Thanks Eskbanker. I was just wondering if one bank was better than the other in terms of opening the account and dealing with them in case of any problems. Customer service I suppose. You are right that I have done some research, and I would never invest with anyone that was not FSCS covered. Sorry about spelling Oaknorth as two words instead of one. Pensioner error haha. Thanks again
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.3K Banking & Borrowing
  • 253.7K Reduce Debt & Boost Income
  • 454.4K Spending & Discounts
  • 245.4K Work, Benefits & Business
  • 601.1K Mortgages, Homes & Bills
  • 177.6K Life & Family
  • 259.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.