The Top Fixed Interest Savings Discussion Area

jak22

Patr100 said:

wiseonesomeofthetime said:

ranciduk said:

meat_n2_reg said:

Just wondering thinking of opening a 1 year fixed with shawbrook but not funding anything for a week or two , got a 6 month shawbrook fix coming to an end soon 

Can I just ask if you have been contacted by them yet about your maturity options?

my 6 month bond matures in under 3 weeks and I’ve heard nothing so far

Yep, received an email with an option of reinvesting (their term) my matured funds.

1 year maturity fixed rate offer - 4.35%

Higher than the general 4.00% 1 year fixed they currently offering, but still low in comparison to where other providers are now on their one-year products.

Not had specific emailed offer ,just the email to log in and choose maturity options. 
Had a look but was distinctly underwhelmed by their 4.0% website offering.
Even 4.35 isn't that competitive, as you say.  

The full maturity "letter" is in the documents section when you log in

Stevo_safc

EthicsGradient said:

Stevo_safc said:

I needed access to my savings in about 10 months time so I opened a 9 month fix with ICICI via Raisin @3.6%. I've just seen that DF Capital have released a 9 month fix @4%.

Upon checking the terms I can cancel within 14 days. "13.1 You have the right to cancel Your notice account without giving any reason, within 14 calendar 

days from the day of opening the account by emailing service@raisin.co.uk with the subject 

“Right to cancel”. The email must be sent from Your registered email address. "



Is this a commonly done thing or am I just being daft?

I am in the same position as you. However, if you're looking at the T&Cs headed "KEY ACCOUNT INFORMATION FOR ICICI BANK (UK): 9 MONTH FIXED TERM DEPOSIT", note that, despite that heading, it is talking about (from definitions) 

'“Notice Account” means a savings account offered by Us on the Platform that has the ability to increase/decrease its rate subject to a minimum notice period equivalent to the notice period on the account'

'“Fixed Term Deposit Account” means a fixed rate and fixed term account offered by Us on the Platform.'
and
'“Savings Account” means either a Notice Account or a Fixed Term Deposit Account, or both."'

 and the 14 days you quote is specifically about a Notice Account. I believe, from another thread, that the 14 day cooling off period is not compulsory for fixed term accounts, so I don't think you should get you hopes up. It wouldn't hurt to try, I suppose.

Just got a reply from Raisin confirming what you've said above. Oh well.. 

t1redmonkey

New fixed rates from Gatehouse, 5%/5.05%/5.10% for 3/4/5 years respectively.

Also a 5 year from Close Brothers for 5.05%.

MrPG

Gatehouse have come in this morning with some new rates on expected profit inc a 5% 3 year.
Anyone used them before?
https://gatehousebank.com/personal/savings/fixed-term-deposits

t1redmonkey

MrPG said:

Gatehouse have come in this morning with some new rates on expected profit inc a 5% 3 year.
Anyone used them before?
https://gatehousebank.com/personal/savings/fixed-term-deposits

Yep I've used their easy access account, not had any issues.

MrPG

t1redmonkey said:

MrPG said:

Gatehouse have come in this morning with some new rates on expected profit inc a 5% 3 year.
Anyone used them before?
https://gatehousebank.com/personal/savings/fixed-term-deposits

Yep I've used their easy access account, not had any issues.

Seems like there are 30 days to fund the account from opening too.

t1redmonkey

MrPG said:

t1redmonkey said:

MrPG said:

Gatehouse have come in this morning with some new rates on expected profit inc a 5% 3 year.
Anyone used them before?
https://gatehousebank.com/personal/savings/fixed-term-deposits

Yep I've used their easy access account, not had any issues.

Seems like there are 30 days to fund the account from opening too.

Yeah I've opened an account today, just to keep my options open.  You have 30 days to fund it and then a 14 day cooling off period after the date of deposit, so basically 44 days from the date you apply to think about it.

karlie88

Dudley BS 1 year 4.75%

https://www.hotukdeals.com/deals/475-aer-one-year-fixed-rate-fixed-rate-bond-minimum-deposit-ps1000-4011623

Withdrawn already - HUKD tends to do that!

Edit: back up again.

Patr100

karlie88 said:

Dudley BS 1 year 4.75%

https://www.hotukdeals.com/deals/475-aer-one-year-fixed-rate-fixed-rate-bond-minimum-deposit-ps1000-4011623

 No further deposits may be made during the one year term once the initial investment has been made.

Not clear how long you have to fund  it  . If they expect you to make one single deposit and just that, I'm out.

janusdesign

Patr100 said:

karlie88 said:

Dudley BS 1 year 4.75%

https://www.hotukdeals.com/deals/475-aer-one-year-fixed-rate-fixed-rate-bond-minimum-deposit-ps1000-4011623

 No further deposits may be made during the one year term once the initial investment has been made.

Not clear how long you have to fund  it  . If they expect you to make one single deposit and just that, I'm out.

that's how I read it too...

i've opened the account, but have not funded yet... upon opening, they give you your s/c, a/c and roll number, but CoP doesn't verify those details - you can deposit via debit card or transfer.

i've sent them a secure message asking about the only 1 deposit scenario (as the t&c don't really cover it) and i'll let you know if/when I get a reply.