The Top Fixed Interest Savings Discussion Area

Futuristic

Allica bank increased 12,18,24mo all to 5.51% 

metrobus

DJDools said:

SJMALBA said:

Shawbrook have increased their fixes, including:

9 month - 4.92%
1 Year - 5.37%
18 Month - 5.36%
2 Year - 5.35%

https://www.shawbrook.co.uk/direct/savings/personal-savings/fixed-rate-bonds/

Interesting that they are offering (marginally) higher interest on the 1 year than, say, the 2 and 3 year...

Just like Atom

SJMALBA

DJDools said:

SJMALBA said:

Shawbrook have increased their fixes, including:

9 month - 4.92%
1 Year - 5.37%
18 Month - 5.36%
2 Year - 5.35%

https://www.shawbrook.co.uk/direct/savings/personal-savings/fixed-rate-bonds/

Interesting that they are offering (marginally) higher interest on the 1 year than, say, the 2 and 3 year...

Previously, IIRC, the 1 year was by some margin their highest - it is only with the latest update that the 18 month and 2 year have come close, perhaps suggesting that even Shawbrook (having seemingly been more 'conservative' on longer fixes) is now expecting rates to stay 'high' for longer than previously thought?

PowerSavingMode

SJMALBA said:

DJDools said:

SJMALBA said:

Shawbrook have increased their fixes, including:

9 month - 4.92%
1 Year - 5.37%
18 Month - 5.36%
2 Year - 5.35%

https://www.shawbrook.co.uk/direct/savings/personal-savings/fixed-rate-bonds/

Interesting that they are offering (marginally) higher interest on the 1 year than, say, the 2 and 3 year...

Previously, IIRC, the 1 year was by some margin their highest - it is only with the latest update that the 18 month and 2 year have come close, perhaps suggesting that even Shawbrook (having seemingly been more 'conservative' on longer fixes) is now expecting rates to stay 'high' for longer than previously thought?

Perhaps with the looming housing market problem they can't 'afford' (hmmmm!) to put up the rates much higher?

Thumbs_Up

DJDools said:

via Hargreaves Lansdown 'Active Savings':

Investec 3 year

AER  |  Gross

5.67% | 6.00%

Apply by 18/06/2023

Their must be a heck of a lot Hargreaves Lansdown 'Active Savings' account holders on here because this post hasn’t drawn in any comments, what gives. I mean 6% for 3 years from a well established  bank, most pension funds or dividends won’t beat this.

Sg28

Thumbs_Up said:

DJDools said:

via Hargreaves Lansdown 'Active Savings':

Investec 3 year

AER  |  Gross

5.67% | 6.00%

Apply by 18/06/2023

Their must be a heck of a lot Hargreaves Lansdown 'Active Savings' account holders on here because this post hasn’t drawn in any comments, what gives. I mean 6% for 3 years from a well established  bank, most pension funds or dividends won’t beat this.

Im going to stick some in, just not sure how much yet. 

Alex9384

Futuristic said:

Allica bank increased 12,18,24mo all to 5.51% 

SmartSave just increased to 5.52% on their 1 and 2 year bonds.

bristolleedsfan

Thumbs_Up said:

DJDools said:

via Hargreaves Lansdown 'Active Savings':

Investec 3 year

AER  |  Gross

5.67% | 6.00%

Apply by 18/06/2023

Their must be a heck of a lot Hargreaves Lansdown 'Active Savings' account holders on here because this post hasn’t drawn in any comments, what gives. I mean 6% for 3 years from a well established  bank, most pension funds or dividends won’t beat this.

Interest is not compounded, higher applied rate instead, 5.67% is rate it would be if interest was compounded, misleading to plug it as 6% for 3 years.

VNX

Alex9384 said:

Futuristic said:

Allica bank increased 12,18,24mo all to 5.51% 

SmartSave just increased to 5.52% on their 1 and 2 year bonds.

   for goodness sake 

they must have some sort of bot working for them as soon as they lose first place it automatically adds 0.01%

VNX

bristolleedsfan said:

Thumbs_Up said:

DJDools said:

via Hargreaves Lansdown 'Active Savings':

Investec 3 year

AER  |  Gross

5.67% | 6.00%

Apply by 18/06/2023

Their must be a heck of a lot Hargreaves Lansdown 'Active Savings' account holders on here because this post hasn’t drawn in any comments, what gives. I mean 6% for 3 years from a well established  bank, most pension funds or dividends won’t beat this.

Interest is not compounded, higher applied rate instead, 5.67% is rate it would be if interest was compounded, misleading to plug it as 6% for 3 years.

This, and we will get to 5.67 soon across the board