The Top Fixed Interest Savings Discussion Area

refluxer

intalex said:

soulsaver said:

intalex said:

beelox999 said:

I cant see on Shawbrook how long the deposit window is open for? I have an amount I want to deposit now on opening but I have another amount arriving the 6th October - will I be able to add that to it then?

From the account opening confirmation email: "Deposits can be made into your account until the product is withdrawn. You can check whether the product has been withdrawn by looking at the “Withdrawn Products” section of our website."

7 days from withdrawal before closed to additional funds, so Oct 6th is pretty much a certainty....

I downloaded a welcome letter too, but it didn't mention this 7-day additional window, not sure where you saw this? I imagine they want to avoid savers securing empty "options" whilst holding out for better deals, and instead lure in the cash quickly.

Having 7 days to fund the account after it's been withdrawn seems to be standard for Shawbrook fixed rate accounts - it was definitely in the T&Cs or product details for the 6 month fixed rate I took out with them back in May.

whatleytom87

Looks like Cynergy have gone 4.50% for 2yr and 4.60% for 3yr. New best buys. 

Patr100

Hampshire Bank 1 year 
4.02%
min £1

ranciduk

Patr100 said:

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.

I’m in the same boat

in November, can you instruct them to move all the funds from the 6 month bond into a new 1 year bond?

FishInGlass

Patr100 said:

Hampshire Bank 1 year 
4.02%
min £1

Great if you don't have an account already with them. If you want a 2nd product you can't open it online but you have to call them. I did so on the 20th September and was assured my new 2yr fixed bond would be available by close of play that day. 10 days later and there is still no sign of it. Not surprisingly I went elsewhere.

kaMelo

FishInGlass said:

Patr100 said:

Hampshire Bank 1 year 
4.02%
min £1

Great if you don't have an account already with them. If you want a 2nd product you can't open it online but you have to call them. I did so on the 20th September and was assured my new 2yr fixed bond would be available by close of play that day. 10 days later and there is still no sign of it. Not surprisingly I went elsewhere.

Seriously, you can't open another account online if you already have one?

Daliah

kaMelo said:

FishInGlass said:

Patr100 said:

Hampshire Bank 1 year 
4.02%
min £1

Great if you don't have an account already with them. If you want a 2nd product you can't open it online but you have to call them. I did so on the 20th September and was assured my new 2yr fixed bond would be available by close of play that day. 10 days later and there is still no sign of it. Not surprisingly I went elsewhere.

Seriously, you can't open another account online if you already have one?

Seriously. Yes. 

kaMelo

Wow.
Note to self, "don't bother with HTB."

TheWoodler

Crikey. That’s very inaccessible for both deaf and speech-impaired people. Hard to believe in this day and age! 

Patr100

ranciduk said:

Patr100 said:

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.

I’m in the same boat

in November, can you instruct them to move all the funds from the 6 month bond into a new 1 year bond?

Don't know - don't have T & Cs for the 6 month to hand, but for maturity of this 1 year 4 % they do allow you
to transfer to another Shawbrook account subject to any TCs for the new account when you get notice of maturity options.
It's quite possible though that Shawbrook will be beaten by another banks offer by November anyway.