The Top Fixed Interest Savings Discussion Area

Ocelot

Sea_Shell said:

Who's considering longer than 1 year fixes.

I know it's a guessing game, but who's going for 5 year fixes?

(Assuming of course you are able to fix for longer than a year)

All My ISAs are 3 year fixes, non-ISAs 2 year fixes. I did take out a couple of 5 year fixes in 1999, but I might need the money sooner than that nowadays.

willywonka1

Hi,

Dont need the money at the moment, have other savinings.

Is there any higher fixed rates, but that I need to leave in longer ?

Thank you.

Wayne

Beddie

willywonka1 said:

Hi,

Dont need the money at the moment, have other savinings.

Is there any higher fixed rates, but that I need to leave in longer ?

Thank you.

Wayne

Hi, all the fixed rates are listed on moneyfacts, have a look through each term here:

https://moneyfactscompare.co.uk/savings-accounts/5-year-fixed-rate-bonds/?quick-links-first=false&product-favorites-first=false

bucksman

refluxer said:

StayinAlive said:

Anyone who has opened a fixed bond with Ford Money recently, was the opening procedure straightforward? i.e. all online, no selfies or extra id needed and no postal involvement.

It's been just over 4 years since I opened my first fixed saver account with Ford Money, but I didn't have to send them any ID/selfies or other proof through the post. 

Whether you'll have to will depend on whether you pass their online verification checks, though. 

Opening an online account was straight-forward and the faster-payment deposit I made immediately was credited the next working day (their payment schedules have improved since though and I think payments in are generally credited sooner than they used to be, although still not immediately).

It's very straightforward. A few months back, I opened a 2-year fixed product, and I'm happy with their app, too. 

slinger2

willywonka1 said:

Hi,

Dont need the money at the moment, have other savinings.

Is there any higher fixed rates, but that I need to leave in longer ?

Thank you.

Wayne

You probably won't find a fixed interest account paying more than Investec's 5.25% (variable). However Investec's rate is only guaranteed for 3.5 months and will likely drop soon after that. A fixed rate product might win in the end. Who knows? That's a decision that all long-term savers have to make.

VNX

When we were at the peak I opened a 1,2,3,4,5 year bonds ranging from 5-6%

the 5 year 5.8% 

happyvwith that but where we are now, personally I probably wouldn’t be looking at more than two year fixes personally 

StayinAlive

Has anyone opened a fixed or notice account with United Trust Bank recently that can share ease of opening etc or any other thoughts?

TomDolan

StayinAlive said:

Has anyone opened a fixed or notice account with United Trust Bank recently that can share ease of opening etc or any other thoughts?

opened a fixed 2yr isa last month, very easy to open and the app works too ! all done in a few hours.

logies

Has anyone any thoughts on the NS&I 2 year Guaranteed Growth Bond 4.60% AER? 

I currently have a 1 year fixed rate account with NatWest about to reduce from 5.55% AER to 4.55% AER. I see that unless I opt out it will automatically renew. Do you think it's worth moving to NS&I for 2 years?

judexx

Also on the NS&I 2 year Guaranteed Growth Bond - am I right in thinking with NS&I you don't have the usual 14 days to fund but have to fund when you open ? I've looked on their website but can't see anything - it's just a vague bell ringing from before

I'm going to have the funds available in about 10 days time, so with rates generally going down, was looking to lock in the rate for then.

TIA