The Top Fixed Interest Savings Discussion Area

ScoobyZ

murmeltier said:

Contador38 said:

Marcus 1 Y Fixed @ 5,25% no longer available.

If one has opened such account recently, there is a 14 days window to add more funds.

Still available for existing customers, managed to open one when logged in just now.

Nice one, just opened. I had a 6 month fix end on the 31st with Alica so was looking for another!

SeriousHoax

murmeltier said:

Contador38 said:

Marcus 1 Y Fixed @ 5,25% no longer available.

If one has opened such account recently, there is a 14 days window to add more funds.

Still available for existing customers, managed to open one when logged in just now.

I opened mine this morning as I had a six month fix ending.

Ozzig

I've got an OakNorth maturing in Feb and was hesitant about taking their loyalty rate of 5.3% but day by day it's looking more appealing!

Shedman

impressed by the loyalty renewal rates the MiL has just been offered by Hodge Bank (esp the 3yr and 5yr).  Given the difficulties of opening new accounts elsewhere using POA this means at least we don't have to jump through those hoops again to get decent rates.

Mind you its on a maturing £50k 2 yr Fix at 1.51% so needs something to offset the shortfall on that over last year or so 😢

Sea_Shell

For those of us who managed to bag the Marcus account, can I assume that deposits earn interest from day one, and not just from the day the funding window closes?   And the maturity is a year from opening date?

refluxer

Sea_Shell said:

For those of us who managed to bag the Marcus account, can I assume that deposits earn interest from day one, and not just from the day the funding window closes?   And the maturity is a year from opening date?

I don't have this account personally, but deposits will earn interest from the day they're added and the maturity date will either be a year from the date of account opening or the date of the first deposit. In my experience, the latter is more common but you'd need to check the T&Cs (or see if there's a maturity date mentioned in the app).

masonic

Just a note that HEBS pulled all of its longer fixes (beyond 1 year) at some point this week. The 3 year @ 5.35% was looking particularly good and had been mentioned in a few other threads.

DavidAC

Is Metro Bank any good or are people still having problems? I opened a fixed account with them but have not funded it yet. All seems to be working OK. I think their fixes are still available to existing customers. Better rates than currently in the MSE tables.

auser99

DavidAC said:

Is Metro Bank any good or are people still having problems? I opened a fixed account with them but have not funded it yet. All seems to be working OK. I think their fixes are still available to existing customers. Better rates than currently in the MSE tables.

I set a few fixed Metro bonds up via the app, and it asked me to fund at the time of set up.
Didn't actually know you could open one without funding? Maybe it's different if you do it in the bank?
Don't think there's a cooling off window either.

DavidAC

I opened it online from a laptop. When you open the fixed account it opens an easy access funding account. You then deposit to the funding account. When you have deposited the amount you said on the application it opens the fixed and transfers the amount to it. At least that is what it says in the T&C.

If you are an existing Metro customer you can still get 1 year 5.66% and other terms. Fixed Term Savings Account | Savings | Metro Bank (metrobankonline.co.uk).