The Top Fixed Interest Savings Discussion Area

trickydicky14

Middle_of_the_Road said:

cloud_dog said:

intalex said:

pecunianonolet said:

It does tell me that banks expect interest rates to remain higher for longer than anticipated some time ago when we had a rather ovious invereted yield curve. 

Not much competitiveness lately on the 2+ year terms, and even where we see change, it's been tiny... 

Thought I would comment that DF Capital have a 3 year FR bond (Issue 3) available at 4.56% APR.

Not heard of DF before, will have a look.

Saw this though, as I have their 1 year bond.  H.T.B.  2 year bond 4.53%

Fixed Rate Savings Accounts | Hampshire Trust Bank (HTB)

Just to say, I've got a number of accounts with DF and to date never had any issues.

VNX

trickydicky14 said:

I Middle_of_the_Road said:

cloud_dog said:

intalex said:

pecunianonolet said:

It does tell me that banks expect interest rates to remain higher for longer than anticipated some time ago when we had a rather ovious invereted yield curve. 

Not much competitiveness lately on the 2+ year terms, and even where we see change, it's been tiny... 

Thought I would comment that DF Capital have a 3 year FR bond (Issue 3) available at 4.56% APR.

Not heard of DF before, will have a look.

Saw this though, as I have their 1 year bond.  H.T.B.  2 year bond 4.53%

Fixed Rate Savings Accounts | Hampshire Trust Bank (HTB)

Just to say, I've got a number of accounts with DF and to date never had any issues.

I opened the DF three year bond a few days ago all very easy nice website to use and monies deposited in good time.

intalex

On the monthly interest paying fixed rate options, Hodge just edged up on their rates... e.g. 5y @ 4.46% Gross / 4.55% AER...

BigBlueSky

Just checking before I go ahead and open one.  Is the SmartSave account the best paying rate for 1 year fixed at 4.52% ? - I see that there is Al Rayan but that is almost identical at 4.53% and I already have funds with them.

janusd

BigBlueSky said:

Just checking before I go ahead and open one.  Is the SmartSave account the best paying rate for 1 year fixed at 4.52% ? - I see that there is Al Rayan but that is almost identical at 4.53% and I already have funds with them.

I believe so, but don't forget that interest is paid at maturity only, so if you need monthly options, you may have to look elsewhere - though luckily there are a lot of choice around the 4.5% mark now.

Bigwheels1111

BigBlueSky said:

Just checking before I go ahead and open one.  Is the SmartSave account the best paying rate for 1 year fixed at 4.52% ? - I see that there is Al Rayan but that is almost identical at 4.53% and I already have funds with them.

One thing I’ve noticed with smart save do not have a contact number.
I would stick with Al Rayan.

gizz_10

United Trust have reduced all their fixed rates this week. I opened a 5 year fixed last week at 4.65% and now it is 4.55% - i was dilly dallying for so long trying to decide whether i wanted to lock up the cash for 5 years - but so glad i took the plunge before the rate dropped.

Pompeydave1967

I’m with you there gizz_10 , did a fixed with atom a couple of weeks ago for 5 years. Yes it’s a gamble and 1st 5 yr deal I’ve ever done but hoping it will pay off.

Mr_blibby

gizz_10 said:

United Trust have reduced all their fixed rates this week. I opened a 5 year fixed last week at 4.65% and now it is 4.55% - i was dilly dallying for so long trying to decide whether i wanted to lock up the cash for 5 years - but so glad i took the plunge before the rate dropped.

Did the same with Atom few weeks ago... have another chunk maturing in 2 weeks time so have already opened another 5 year one with another provider that has a 28 day deposit window to 'reserve' the rate as an option in case rates fall...its a punt with a small part of my overall portfolio, but having endured years of low rates I'm happy to have the certainty to build an overall income stream 

dharm999

Oxbury emailed me about re-investing my funds, maturing next month, offered 4.62% on a 2 year fixed term, which is higher than the normal rate they offer, 4.56%, I assume the difference is due to a small loyalty bonus.