The Top Fixed Interest Savings Discussion Area

Josquin

Do fixed rate bonds pay the same amount of interest each month or do they fluctuate a little?

Daliah

Josquin said:

Do fixed rate bonds pay the same amount of interest each month or do they fluctuate a little?

Interest is calculated daily, and if paid monthly, the amount you get for a month depends on the number of calendar days in that month.

alternate

also if interest is compounded each month should be a little higher.

MrPG

Tandem 18 month 4.5%

biscan25

MrPG said:

Tandem 18 month 4.5%

For completeness:
1 year 4.25%
2 year 4.60%
3 year 4.70%
5 year 4.80%

So other terms are competitive too

refluxer

MrPG said:

Tandem 18 month 4.5%

No sign of it on their site at the moment, although the new 1,2,3 & 5 year rates are there.

biscan25

refluxer said:

MrPG said:

Tandem 18 month 4.5%

No sign of it on their site, although the new 1,2,3 & 5 year rates are there.

It is available on the app.

t1redmonkey

Kent Reliance 4.45% 1 year, 4.75% 2 year.

biscan25

Jump in, these are the best you'll get imo, due to the way markets have swung over the last 48 hours.
They do a one year ISA at 3.85%, 2 at 4.3% too.

wiseonesomeofthetime

I have fixed rates maturing next month, so unable to jump anywhere atm.

Hoping they rise or sustain by then.