The Top Fixed Interest Savings Discussion Area

SJMALBA

Charter:

1 Year - 5.1%
18 Month - 5.15%
2 Year - 5.2%

5k min.

https://chartersavingsbank.co.uk/Products/FixedRateBond

auser99

LJ._2 said:

auser99 said:

Smartsave doing their usual 0.01% gazumping of the 2nd highest rates.

Try it against Tandem's rates, I dare ya

Good old SmartSave, I think I'm going with them next BoE rate rise.

These banks tend to factor in the expected rate changes early though don't they?
Rather than hear it officially announced then suddenly move?

SJMALBA

Kent reliance:

1 Year - 5.03%
2 Year - 5.04%

1k min.

https://www.kentreliance.co.uk/bonds

lithosyork

nat west / rbs   current customers only, from app 

1..100K
1 Year - 5.01%  
2 Year - 5.12%

100k..5m
1 Year - 5.12%  
2 Year - 5.22%

gesdt50

The National Bank of Egypt UK via Raisin(online 'savings marketplace') offering 5.25% is obivoulsly good though been limited to taking out sums of £500 a time would be very time comsuming

Doctor_Who

gesdt50 said:

The National Bank of Egypt UK via Raisin(online 'savings marketplace') offering 5.25% is obivoulsly good though been limited to taking out sums of £500 a time would be very time comsuming

Where did you see the bit about withdrawals being limited to £500 a time? I've used Raisin for a couple of years and at maturity the whole amount is transferred from the partner bank to your Raisin holding account, from where you can choose another account or withdraw to your linked account. I've definitely withdrawn 5 figure sums to my linked account.

gesdt50

Doctor_Who said:

gesdt50 said:

The National Bank of Egypt UK via Raisin(online 'savings marketplace') offering 5.25% is obivoulsly good though been limited to taking out sums of £500 a time would be very time comsuming

Where did you see the bit about withdrawals being limited to £500 a time? I've used Raisin for a couple of years and at maturity the whole amount is transferred from the partner bank to your Raisin holding account, from where you can choose another account or withdraw to your linked account. I've definitely withdrawn 5 figure sums to my linked account.

So many banks have come on the scene in the last few years, thought it was that one must be one of the other new app only ones

refluxer

gesdt50 said:

Doctor_Who said:

gesdt50 said:

The National Bank of Egypt UK via Raisin(online 'savings marketplace') offering 5.25% is obivoulsly good though been limited to taking out sums of £500 a time would be very time comsuming

Where did you see the bit about withdrawals being limited to £500 a time? I've used Raisin for a couple of years and at maturity the whole amount is transferred from the partner bank to your Raisin holding account, from where you can choose another account or withdraw to your linked account. I've definitely withdrawn 5 figure sums to my linked account.

So many banks have come on the scene in the last few years, thought it was that one must be one of the other new app only ones

Restrictions like that mainly apply to limited access easy access accounts, not fixed rate accounts where the whole sum would be available to be withdrawn (or automatically transferred) to your nominated bank account (or a holding account with the same bank) on maturity.

Doctor_Who

gesdt50 said:

So many banks have come on the scene in the last few years, thought it was that one must be one of the other new app only ones

They do have an app, which I never use. I just use the web interface and that works fine. When funding the account you can make as many FPs from your linked account as you want (determined by your account transfer limits). When your holding account has the amount you 'pledged' when you opened the Raisin/partner bank account, then the funds are transferred to the partner bank. All has worked fine for me.

bluu2k

lithosyork said:

nat west / rbs   current customers only, from app 

1..100K
1 Year - 5.01%  
2 Year - 5.12%

100k..5m
1 Year - 5.12%  
2 Year - 5.22%

Hi everyone,

I do not clearly understand T&Cs on Natwest site, and would seek your help with explanation please. Is it correct to understand from the T&Cs that with the Natwest 1 Year Fixed Saving account, the following will apply:

1. Account can open between now and 10 July 2023 (or earlier, at the discretion of the bank);
2. Window for multiple fundings and withdrawals without any restrictions is from account opening till 21 July 2023;
3. Fixed term will start from 24 July 2023, and therefore any deposits made before that will not earn interests at rate of 5.01%;
4. Maturity date will be 24 July 2024 disregard the account opening date
5. You can withdraw money and close account early by giving 35 days prior notice, and the fund you receive in any case will, after charges/penalties, not less than whatever you should have deposited to the account

https://www.natwest.com/savings/fixed-term-savings-account.html

Many thanks 😊