The Top Fixed Interest Savings Discussion Area

refluxer

pecunianonolet said:

Glad I moved funds over to the old rates yesterday before the transfer window closed. Was away over the holidays and snail mail delivered the activation code for the account while I was away so been lucky.

Yes, that was fortunate. I grabbed the 2 year @ 4.70% and 5 year @ 4.95% last month. 

Pompeydave1967

Pompeydave1967 said:

Oh dear Atom rates just gone down…1 yr 4.17% , 2 yr , 3yr & 5 yr all at 4.27%. 

Very disappointed to say the least.

All back to original rates 4.25% (1 yr) , 4.35% (2,3,5)  ! Maybe something to do with their maintenance shutdown last night. I was hoping for something better though especially the poor 2.55% easy access. 

FindingBBob

Pompeydave1967 said:

Oh dear Atom rates just gone down…1 yr 4.17% , 2 yr , 3yr & 5 yr all at 4.27%. 

Very disappointed to say the least.

Not sure that have - website still has Annual rates of 4.25% for 1 year  - the above are the monthly rates. They have not changed rates since before Xmas. 

Pompeydave1967

FindingBBob said:

Pompeydave1967 said:

Oh dear Atom rates just gone down…1 yr 4.17% , 2 yr , 3yr & 5 yr all at 4.27%. 

Very disappointed to say the least.

Not sure that have - website still has Annual rates of 4.25% for 1 year  - the above are the monthly rates. They have not changed rates since before Xmas. 

They had a maintenance shutdown around 9pm last night and 12.01am I logged in to find 4.17 , 4.27 etc. This morning back to 4.25. 

Rates were 4.17 gross / 4.17 aer etc etc ….maybe a glitch .

FindingBBob

Looks like Ford Money have pulled their 1 Year saver  - 2 and 5 year still on their site. 

refluxer

FindingBBob said:

Looks like Ford Money have pulled their 1 Year saver  - 2 and 5 year still on their site. 

It's worth noting that, just like last time, it's still available to existing customers and for those who aren't, becoming a customer by opening a Flexible Saver with £1 will give you access to the 1 Year Fixed Saver and any others that get withdrawn in the near future.

For those comfortable with app-only banking though, Atom's 1 year Fixed Saver (also at 4.25%) would be the easiest option. 

TiVo_Lad

Not forgetting the SmartSave option at 4.26%

https://smartsavebank.co.uk/1-year-fixed-rate-saver

refluxer

Close Brothers, Shawbrook, Cynergy and Tandem have all reduced some or all of their fixed rates in the last few days, but both Vanquis and Charter Savings Bank have bucked the downward trend...

Vanquis have increased the rates of their 1, 2 and 3 year bonds by 0.1% to 4.20%, 4.40% and 4.50% respectively.

Charter have increased theirs from 4.10% to 4.24% for 1 year and from 4.15% to 4.34% for 18 months.

18 month fixes get over-looked on many comparison sites (including MSE and Savings Champion), yet many of the top banks offer them (eg. Shawbrook, Paragon, OakNorth, Charter etc) and they can often be a good option for those wanting to create a 'savings ladder' and stagger their fixed rate account maturity dates through-out the year. Moneyfacts list them here.

Speaking of Charter - my introduction to them didn't get off to the best of starts when it took them nearly two months to approve my nominated bank account and be accepted as a new customer at the end of last year - I've no idea whether this situation is any better or not now though and if your nominated account is approved automatically, then you might not get this issue.

refluxer

TiVo_Lad said:

Not forgetting the SmartSave option at 4.26%

https://smartsavebank.co.uk/1-year-fixed-rate-saver

Ah - I hadn't spotted it was available today. Smartsave seem to issue and withdraw their accounts on an almost daily basis - must keep the comparison sites on their toes !

ab56

Wonder if anyone can advise on banks/building societies fixed bonds which can be funded up to 30 days after opening?  Realise Vanquis allows. Majority are up to 10 or 14 days after opening. Thank you.