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Birmingham Midshires fixed rate bond 6.92%

Has anyone gone for this product?
«13

Comments

  • oldfella
    oldfella Posts: 1,534 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I dont like the cheque in and cheque out process - looses too much interest

    Mike
  • free4440273
    free4440273 Posts: 38,438 Forumite
    fantastic rate, however. With all the trouble in the money markets - and much more to ensue - you never know, we could still see fixed rate bonds reach seven per cent (as we did a month ago). I will wait for the convenience of a BS that i know - probably Nationwide (they were doing 6.70, now 6.50) :)
    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:
  • DRS1
    DRS1 Posts: 1,440 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    This may sound odd but BM have always annoyed me by the way they keep tinkering with the interest rates on their one year fixed bonds. One day it is 6.7% next it is 6.8x% and now it is 6.92%. I know I should not complain about rates going up but if I put money into what looks like the best account and then they come out with a newer better version I feel a bit of a fool. of course if I knew when the music was going to stop (or the rates start to go down) it would be different. Ho hum
  • melbury
    melbury Posts: 13,251 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've been Money Tipped!
    I have just taken out a one year fixed rate bond them - in fact at the beginning of this week - and I am getting 6.86%, so feel a bit miffed that it has changed so quickly.
    Stopped smoking 27/12/2007, but could start again at any time :eek:

  • free4440273
    free4440273 Posts: 38,438 Forumite
    ^that would annoy me also :)
    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:
  • maypole
    maypole Posts: 1,816 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I agree about them changing the rate so soon, I had a 1 year bond with them and as soon as I took it, the rate changed and I asked them if I could have the new rate, but of course they said no. Well, I might wait to see if they go up any higher before I decide, of course you could wait forever doing that!

    The Nationwide bond requires you to have a current account with them.
  • free4440273
    free4440273 Posts: 38,438 Forumite
    ^and i do, which is why i would actually favor NW even though the rate is lower. :)
    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:
  • melbury wrote: »
    I have just taken out a one year fixed rate bond them - in fact at the beginning of this week - and I am getting 6.86%, so feel a bit miffed that it has changed so quickly.

    they change rates to leap over other best buy 1 year fixes, this time round it was to leap over 6.90% derbyshire 1 year fixed.

    birmingham midshires are actually talking 1 year fixed rates up by keep leaping over other best buy 1 year fixes.
  • musehead
    musehead Posts: 389 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I've already got 2 BM bonds with just £10 in - the rates went up so quick I didn't have time to deposit any more! Shall I open this one too, or will it be closed again just as quick. Hmm...
  • Are rates heading back up again?
    Noobie (not so :D) trying to make loads a dosh - please bear with all my questions :beer: Thanks :D


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