The Top Fixed Interest Savings Discussion Area

Daliah

gwapenut said:

Daliah said:

jimexbox said:

gwapenut said:

At the risk of contaminating this thread with useful information, here's a link to an account MSE News has highlighted.

Family Building Society 2-year tracker at base + 0.85%.

https://www.familybuildingsociety.co.uk/savings/bonds/product-detail/2-year-tracker-rate-bond-(11)

So strictly speaking it's as off-topic as much of the discussion, but I take the spirit of this thread to be more about guaranteed rates and/or limited or no access for a period of time and it fits here better than in the easy access thread,

That's an interesting savings option. Is 0.85% above base rates good or just okay?

May be not. 2.25% + 0.85% = 3.1%. You can easily get over 4% for a 2 year fix, max 4.33% atm. Granted, these are not trackers, so you might want to take a gamble. I am not tempted.

Really, do you seriously not think the base rate will average 1.25% more than today's rate over the course of the next 2 years?

I'd have thought 4.33% would be towards the bottom end of expectations

Sure, it might, or it might not. But you could be stuck with on the 3.1% whilst others get 4.33% for quite while yet. As I said, it's a gamble. I am not tempted by either the 3.1% or the 4.33% right now.

gwapenut

I can certainly understand favouring neither. But if I had to choose between 4.33% fixed or 3.1% tracker, the tracker would win for me.

intalex

intalex said:

Melton FDs with new rates were subsequently taken off by MoneyFacts and then restored as the branch/mail version only, so MAYBE configured for online overnight...

Maybe not... online versions still not aligned, so maybe they want to tread carefully and only attract customers who REALLY want their account by popping into a branch and/or mailing in paperwork...

wiseonesomeofthetime

For once, Moneyfacts is not up-to-date.

Still thinks the Newcastle 1-year fix at 4.10% is available, which we know is not accurate.

Patr100

Moneyfacts is still showing Newcastle 4.1% as top but as people here know that has been withdrawn.
Their next best is United trust at 3.95%

Newcastle do not even currently have an annual account on their site, only 2 and 5 year options, so I expect that will be revised eventually.

I_am_spartacus

Hi Guys,

Savings Guru,  link https://www.thesavings.guru/fixed-rate-bonds/1-year-fixed.

Checked at around 9.45am and found this -

Shawbrook Bank

1 Year Fixed Rate Bond Issue 80

AER4.00% Fixed

link - https://www.shawbrook.co.uk/direct/savings/personal-savings/fixed-rate-bonds/1-year-fixed-rate/

I've opened an account and sent off initial transfer.

Fill your boots!!!!!!!

Patr100

I_am_spartacus said:

Hi Guys,

Savings Guru,  link https://www.thesavings.guru/fixed-rate-bonds/1-year-fixed.

Checked at around 9.45am and found this -

Shawbrook Bank

1 Year Fixed Rate Bond Issue 80

AER4.00% Fixed

link - https://www.shawbrook.co.uk/direct/savings/personal-savings/fixed-rate-bonds/1-year-fixed-rate/

I've opened an account and sent off initial transfer.

Fill your boots!!!!!!!

Ahh the Shawbrook is in Moneyfacts but I missed it as further down the page - 
Already got the max 85k in Shawbrook 2%  6 month - not due to mature til November for me.
Have a feeling the nearer to 5% will be the tipping point for an annual fix , if we get there by then?

Pompeydave1967

Opened another with them @ 4% , coming thick and fast now with these rates.

intalex

Shawbrook doesn't appear to have filtered through to MoneyFacts... but I'm liking the competition ramping up as the week ends...

janusd

intalex said:

Shawbrook doesn't appear to have filtered through to MoneyFacts... but I'm liking the competition ramping up as the week ends...

it's there in the list, but because it's an advertisement entry, it doesn't necessarily appear in its correct place with regards to the sort order.