The Top Fixed Interest Savings Discussion Area

barryd999

Patr100 said:

RCI Bank 4.60% - 1 year paid on anniversary
or monthly.
Min £1000
Open online
Manage online/mobile

These are getting appealing now.  I suppose its weighing up whether even better rates will be offered in the next week or two and perhaps one or two even better instant access accounts will appear.  I was going to apply for the Sainsburys one but after reading about the problems I might wait a bit anyway.  4.6% for a year though. Not bad.

biscan25

I've dumped the rest of my spare cash, actually all of my unfixed cash in the Dudley 1 year fix. Figured 4.75% was the best fix for 1 year non ISA, the way swap rates have moved downwards over the last week or two.
Good luck to all the remaining wait and see'ers.

fizio

I will stick with my current plan of waiting till after 3rd nov BOE statement - a few more days wont make any difference now i reckon.

Expotter

biscan25 said:

I've dumped the rest of my spare cash, actually all of my unfixed cash in the Dudley 1 year fix. Figured 4.75% was the best fix for 1 year non ISA, the way swap rates have moved downwards over the last week or two.
Good luck to all the remaining wait and see'ers.

I'm thinking about doing the same, managed to open a Dudley 1 year fix, but haven't funded it yet. Still trying to figure out how to get around my bank's payment limits since they insist on a single payment. Has anyone else had this problem that could suggest a way to do it?

southone

Can you post a cheque to them of full amount?

ForumUser7

Expotter said:

biscan25 said:

I've dumped the rest of my spare cash, actually all of my unfixed cash in the Dudley 1 year fix. Figured 4.75% was the best fix for 1 year non ISA, the way swap rates have moved downwards over the last week or two.
Good luck to all the remaining wait and see'ers.

I'm thinking about doing the same, managed to open a Dudley 1 year fix, but haven't funded it yet. Still trying to figure out how to get around my bank's payment limits since they insist on a single payment. Has anyone else had this problem that could suggest a way to do it?

I don't have this account, but I think some people were suggesting opening a Dudley easy access account, transferring to there the amount you wish to deposit, then transferring that internally to the FRB? Worth checking yourself first, but that might work

Expotter

ForumUser7 said:

Expotter said:

biscan25 said:

I've dumped the rest of my spare cash, actually all of my unfixed cash in the Dudley 1 year fix. Figured 4.75% was the best fix for 1 year non ISA, the way swap rates have moved downwards over the last week or two.
Good luck to all the remaining wait and see'ers.

I'm thinking about doing the same, managed to open a Dudley 1 year fix, but haven't funded it yet. Still trying to figure out how to get around my bank's payment limits since they insist on a single payment. Has anyone else had this problem that could suggest a way to do it?

I don't have this account, but I think some people were suggesting opening a Dudley easy access account, transferring to there the amount you wish to deposit, then transferring that internally to the FRB? Worth checking yourself first, but that might work

Dudley BS instant access account can only be opened in branch or by post and the same for instructions, so I don't think that'll work

southone

Expotter said:

ForumUser7 said:

Expotter said:

biscan25 said:

I've dumped the rest of my spare cash, actually all of my unfixed cash in the Dudley 1 year fix. Figured 4.75% was the best fix for 1 year non ISA, the way swap rates have moved downwards over the last week or two.
Good luck to all the remaining wait and see'ers.

I'm thinking about doing the same, managed to open a Dudley 1 year fix, but haven't funded it yet. Still trying to figure out how to get around my bank's payment limits since they insist on a single payment. Has anyone else had this problem that could suggest a way to do it?

I don't have this account, but I think some people were suggesting opening a Dudley easy access account, transferring to there the amount you wish to deposit, then transferring that internally to the FRB? Worth checking yourself first, but that might work

Dudley BS instant access account can only be opened in branch or by post and the same for instructions, so I don't think that'll work

Who do you bank with telephone banking will usually make bigger transfers, i done that a few times for large transfers

ForumUser7

Expotter said:

ForumUser7 said:

Expotter said:

biscan25 said:

I've dumped the rest of my spare cash, actually all of my unfixed cash in the Dudley 1 year fix. Figured 4.75% was the best fix for 1 year non ISA, the way swap rates have moved downwards over the last week or two.
Good luck to all the remaining wait and see'ers.

I'm thinking about doing the same, managed to open a Dudley 1 year fix, but haven't funded it yet. Still trying to figure out how to get around my bank's payment limits since they insist on a single payment. Has anyone else had this problem that could suggest a way to do it?

I don't have this account, but I think some people were suggesting opening a Dudley easy access account, transferring to there the amount you wish to deposit, then transferring that internally to the FRB? Worth checking yourself first, but that might work

Dudley BS instant access account can only be opened in branch or by post and the same for instructions, so I don't think that'll work

Oh right, that's unfortunate. Without knowing the bank you wish to transfer from, their faster payment limit, and the amount you wish to transfer the only other thing I could suggest is opening either a current account, or savings account with another provider that has a suitable faster payments limit for you to use and then transferring it from there. Bear in mind, if opening a new account and doing a massive transfer right away it may want to call you to verify it is you and not a fraudster. I can see why Dudley does not want several payments coming in per account, but it does not seem they thought through that limit of 1 payment very well.

janusdesign

ForumUser7 said:

Expotter said:

biscan25 said:

I've dumped the rest of my spare cash, actually all of my unfixed cash in the Dudley 1 year fix. Figured 4.75% was the best fix for 1 year non ISA, the way swap rates have moved downwards over the last week or two.
Good luck to all the remaining wait and see'ers.

I'm thinking about doing the same, managed to open a Dudley 1 year fix, but haven't funded it yet. Still trying to figure out how to get around my bank's payment limits since they insist on a single payment. Has anyone else had this problem that could suggest a way to do it?

I don't have this account, but I think some people were suggesting opening a Dudley easy access account, transferring to there the amount you wish to deposit, then transferring that internally to the FRB? Worth checking yourself first, but that might work

their support confirmed to me that that was an option - re opening 0.45% account, funding from their and then transferring across to the fixed account... that sounded like too much hassle to me (especially if I assume better rates will come after the next increase).

if funding directly, you can make a test deposit, and then the main deposit... wrt the test deposit, I did £1, but anything under £1k has to be manually approved by the finance dept... once I saw it in the account, then I made the main deposit... if they'd have been more flexible wrt deposits, i'd have put a lot more in, but c'est la vie.

it didn't help that their card deposit system doesn't work and hasn't all week.

with regards to your bank's payments limit - it may be larger if you make the transfer by phone rather than online - you might need to check with your bank if that's the case.