The Top Fixed Interest Savings Discussion Area

Frequentlyhere

ab56 said:

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.

Secure Trust bank is another. Pretty basic platform but has worked ok for me.

jak22

Ford is 21 days and a 14 days cooling off. Shawbrook look like they still allow additions for as long as the bond is still available - and then for another 7 days after its withdrawn.

Silverbullet036

ab56 said:

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.

Gatehouse give you 30 days to fund

janusdesign

possibly worth mentioning that existing Oxbury users can still open a 1-Yr fix @ 4.25% with £1k minimum.

i'm guessing new customers could open a notice account with a £1 test deposit (again 1k minimum), and then as an existing customer, be able to open a fixed-term account and then once opened and funded, to close the notice account - though i've no idea if funding a notice account with just £1 would give you access to opening the fixed account (assume you could at £1k in the notice account).

ScarletBea

Strange that this thread is now on page 4... Are people expecting the rates to go up that much more that they don't want to fix yet? I've started doing 2-year fixes at 4.40% and I've seen multiple banks actually already going down on their fixed rates.
Mind you, I'm got smaller amounts maturing at different months, so they cover a range of rates...

jak22

People who noticed the fixed rates levelling off - and even dropping - towards the end of last year - may well have already taken fixes.

Others may need variable rates to level off and start to drop before jumping into fixes, or even wait to be advised to take fixes by websites or experts in the media before acting, but it remains to be seen what rates will be on offer then.

Pompeydave1967

Disappointing to see Atom dropping their  2 , 3 + 5 year fixes to 4.15% overnight. Were all 4.45% yesterday…unpredictable future I guess.

Patr100

Pompeydave1967 said:

Disappointing to see Atom dropping their  2 , 3 + 5 year fixes to 4.15% overnight. Were all 4.45% yesterday…unpredictable future I guess.

Definitely have seen the top end of the longer fixes drop - glad I fixed just before that.
Only hope for long term is some smaller bank as an outlier that needs to boost it's coffers  quickly.

SJMALBA

A little underwhelming for a loyalty bond (4.2%), IMO, but:-

https://www.coventrybuildingsociety.co.uk/member/product/savings/fixed_rates/loyalty-bond-5-30-04-2024.html

'To be able to open this account, you’ll need to have held or been linked to a savings or mortgage account with Coventry Building Society, ITL or Godiva continuously since 1 January 2022 or earlier.'

Middle_of_the_Road

SJMALBA said:

A little underwhelming for a loyalty bond (4.2%), IMO, but:-

https://www.coventrybuildingsociety.co.uk/member/product/savings/fixed_rates/loyalty-bond-5-30-04-2024.html

'To be able to open this account, you’ll need to have held or been linked to a savings or mortgage account with Coventry Building Society, ITL or Godiva continuously since 1 January 2022 or earlier.'

Exactly, as the equivalent, open to all bond, is only 0.1 lower at 4.1%

Max 20,000 deposit limit. as opposed to 250,000

Fixed Bond (300) 30.04.2024 (coventrybuildingsociety.co.uk)