The Top Fixed Interest Savings Discussion Area

jaypers

Charter!!!

JGB1955

Just gone to the 'dark side' with an Atom 1 year FRB, monthly interest, 5.7%.  Pleasantly surprised how easy it was - apart from having to provide facial recognition .... do they know I was still in my dressing gown?  Do I care?!  Having said that, I have Starling and Marcus accounts... just seemed 'scary' trusting them with my £20K.  As a side note, Nationwide had no problems moving them money over (another of my 'angsts').  All done and dusted by breakfast time.

JGB1955

jaypers said:

Charter!!!

Bu**er!  Had one of their accounts 'on hold' at 5.69% until lunchtime today.  C'est la vie - another £20K up for grabs in 3 weeks.....

refluxer

JGB1955 said:

Just gone to the 'dark side' with an Atom 1 year FRB, monthly interest, 5.7%.  Pleasantly surprised how easy it was - apart from having to provide facial recognition .... do they know I was still in my dressing gown?  Do I care?!  Having said that, I have Starling and Marcus accounts... just seemed 'scary' trusting them with my £20K.  As a side note, Nationwide had no problems moving them money over (another of my 'angsts').  All done and dusted by breakfast time.

I've had quite a few fixed rate accounts with Atom over the years and had no issues at all and being a member of the Confirmation of Payee scheme also makes transferring money to them less problematic than many other ('bigger' and more well-known) banks and building societies, too.

Alex9384

jaypers said:

Charter!!!

Oh nice! I think it's time for some more money transfers from credit cards.

Alex9384

Cynergy also increased rates:

6 months	5.33%	5.25%	5.34%	5.26%
1 year	5.90%	5.90%	5.91%	5.91%
15 months	5.91%	5.91%	5.95%	5.95%
18 months	5.92%	5.92%	6.00%	6.00%
2 years	5.90%	5.90%	5.92%	5.92%
3 years	5.85%	5.85%	5.86%	5.86%
4 years	5.75%	5.75%	5.76%	5.76%
5 years	5.65%	5.65%	5.66%	5.66%

BooJewels

JGB1955 said:

Just gone to the 'dark side' with an Atom 1 year FRB, monthly interest, 5.7%.  Pleasantly surprised how easy it was - apart from having to provide facial recognition .... do they know I was still in my dressing gown?  Do I care?!  Having said that, I have Starling and Marcus accounts... just seemed 'scary' trusting them with my £20K.  As a side note, Nationwide had no problems moving them money over (another of my 'angsts').  All done and dusted by breakfast time.

I mentioned a couple of pages back that there was some reason why I didn't use Atom - that might have been it - I didn't have my face on.

BooJewels

Everytime I think I'm settled on a plan of action with my funds that need fixing, something changes - thanks Charter.  I'm going to have to give myself a deadline and go with whatever is best at that point and then stop looking.

mebu60

BooJewels said:

Everytime I think I'm settled on a plan of action with my funds that need fixing, something changes - thanks Charter.  I'm going to have to give myself a deadline and go with whatever is best at that point and then stop looking.

I have a deadline as I'm going away second half of July! 

About to do £20k into Coventry Loyalty Bond 14 month 5.9% and will do something else in the next week or two as have two 1 year bonds maturing. One is Cynergy so that might find its way back there. Unless .. .. .. .. .. .. .. .. 

refluxer

BooJewels said:

Everytime I think I'm settled on a plan of action with my funds that need fixing, something changes - thanks Charter.  I'm going to have to give myself a deadline and go with whatever is best at that point and then stop looking.

If you're wary of steadily rising rates and you're not doing this already, one option is to split your funds into smaller chunks and take them out at regular intervals (eg. every one or two weeks or monthly) with the best rate available at the time. That avoids 'putting all your eggs in one basket' and should spread things out a little.