The Top Fixed Interest Savings Discussion Area

SJMALBA

wiseonesomeofthetime said:

pecunianonolet said:

Atom Bank

9 month fix increased from 5.25% to 5.4%
1 year fix increased from 5.85% to 5.95%
2 year fix increased from 5.6% to 5.95%

Funded at 5.85% last week 🤦‍♂️

Could have earned an extra £3 🤣

Look after the pennies... 

Pompeydave1967

wiseonesomeofthetime said:

pecunianonolet said:

Atom Bank

9 month fix increased from 5.25% to 5.4%
1 year fix increased from 5.85% to 5.95%
2 year fix increased from 5.6% to 5.95%

Funded at 5.85% last week 🤦‍♂️

Could have earned an extra £3 🤣

Just opened a 2 yr this morning , have 7 days to fund though so will see if anymore increases arise.

ColdIron

SJMALBA said:

wiseonesomeofthetime said:

pecunianonolet said:

Atom Bank

9 month fix increased from 5.25% to 5.4%
1 year fix increased from 5.85% to 5.95%
2 year fix increased from 5.6% to 5.95%

Funded at 5.85% last week 🤦‍♂️

Could have earned an extra £3 🤣

Look after the pennies... 

Penny wise, pound foolish
I love idioms

LJ._2

Has anyone found that they have to give their National Insurance number to banks if you are saving with them? I assume this maybe for them to pass on to the tax authorities your earned interest. My wife mentioned this about Monzo this morning. I find this worrisome, not to hide from the taxman, but surely a NI number is private and personal.

mebu60

LJ._2 said:

Has anyone found that they have to give their National Insurance number to banks if you are saving with them? I assume this maybe for them to pass on to the tax authorities your earned interest. My wife mentioned this about Monzo this morning. I find this worrisome, not to hide from the taxman, but surely a NI number is private and personal.

If it was an ISA then it's a requirement. They use it to monitor adherence to allowances. 

Some non-ISA accounts request NINO, most don't, so it's nothing to do with income tax. 

LJ._2

mebu60 said:

LJ._2 said:

Has anyone found that they have to give their National Insurance number to banks if you are saving with them? I assume this maybe for them to pass on to the tax authorities your earned interest. My wife mentioned this about Monzo this morning. I find this worrisome, not to hide from the taxman, but surely a NI number is private and personal.

If it was an ISA then it's a requirement. They use it to monitor adherence to allowances. 

Some non-ISA accounts request NINO, most don't, so it's nothing to do with income tax. 

Thank you, I never knew about ISA as I've never had one. Always something new to learn. Cheers!

fabsaver

New table topping fixed rate bonds from FirstSave launched today.

1 year 6.10%
2 year 6.15%
3 year 5.95%

https://firstsave.co.uk/accounts/index.html

ZeroSum

pecunianonolet said:

Atom Bank

9 month fix increased from 5.25% to 5.4%
1 year fix increased from 5.85% to 5.95%
2 year fix increased from 5.6% to 5.95%

Annoyingly I just moved some stooze cash to the 1 year at 5.85% last night.

Alex9384

Can someone explain me why some bank pulls their offer because "got all the funds they needed"?

I thought businessmen and especially bankers always need more and more?

Thumbs_Up

Have they though " got all the fund they needed". I think it's a cat and mouse game, people have a irrational fear of missing out (although their is some rationale behind it). Some bonds pop up 6.10% and then disappeared after a few days, i bet some people thought that's that then, it now seem you have a second bite and now a third bite of the cherry. I bet some people are removing savings fund now to pay down debt, the banks need to refund.