BLME Sharia 1Yr Fixed Rate 2.2%

Chordeiles

karlie88 wrote: »

What terms/rates have these accounts been please?

I've been with Active Savings precisely 2 weeks (but with HL very much longer ) and in that time I saw 6 month and 12 month fixes offered there. Generally at the same rates as direct with BLME, except as noted in my post a few minutes ago.

quirkydeptless

karlie88 wrote: »

What terms/rates have these accounts been please?

I've got

Aldermore 12 months 2.10% Opened 20th Feb 2019
BLME 18 months 2.25% Opened 4th Sep 2019
BLME 24 months 2.20% Opened 20th Nov 2019

I see a BLME 12 month 1.9% is available until the 18th December, but I don't have it.

There was also at some point a £25 new customer cashback offer, but I was already a customer when it came out.

masonic

Chordeiles wrote: »

However the 1 tear fix just dropped to 1.8% at the BLME website, so right now HL Active Savings represents the last chance to grab 1.9%. Apply by 18th December.

Sadly their 2 year fix at 2.1% wasn't available at HL, but I went direct at the time. It would have been nice to be able to top this up via HL now we know this has just dropped to 1.95%. UBL is now the current market leading 2 year fix. This isn't available through HL either, but it's more of a surprise some BLME products are available and others aren't.

colsten

masonic wrote: »

it's more of a surprise some BLME products are available and others aren't.

like, for instance, the 1.9% 18-month fix that's on HL (until Dec. 18) but not on BLME.

They seem to make lots of product decisions all the time. As long as we know that, and that we have to check both, HL and BLME, and may be also Raisin, that's fine by me. Eventually, there might be a comprehensive comparison site that will make finding the best deal a doddle (I can dream...)

masonic

colsten wrote: »

like, for instance, the 1.9% 18-month fix that's on HL (until Dec. 18) but not on BLME.

They seem to make lots of product decisions all the time.

The 18 month fix was available on BLME - they've just reduced the rate to 1.85% when you go direct and HL hasn't caught up yet, creating a bit of a loophole for a few days.
Edit: are you sure there is an 18-month fix from BLME on HL? I can't see one, only the 12 month one discussed above.

My point is the 24 month fix isn't available at HL at all, at any rate. It seems strange to me that only the 12 month fix with BLME is offered at HL (at a grandfathered rate), yet the 6, 18, 24 and 36 month fixes (even at the now reduced rates) all beat what's currently on offer at HL. I guess this could be explained by BLME making an exit from the HL marketplace, with the 12 month fix being the last product to be pulled.

As long as we know that, and that we have to check both, HL and BLME, and may be also Raisin, that's fine by me. Eventually, there might be a comprehensive comparison site that will make finding the best deal a doddle (I can dream...)

If only. I think I may have spent more time this year managing savings accounts than I have managing my investments (worth about 9 times more).

colsten

masonic wrote: »

Edit: are you sure there is an 18-month fix from BLME on HL? I can't see one, only the 12 month one discussed above.

Sorry, yes, I meant 12 months fix. Got confused because the end date is the 18th