Secure Trust Bank

RobM99

Offering 2.13% on a 1 year fix savings. Any thoughts on this, peoples?

Thrugelmir

Good rate. 

refluxer

A decent rate, but just been beaten by Hodge and Oxbury !

Malchester

Just opened a Hodge 1 yr account. Excellent and funds showing in the account instantly having transferred from NW FlexAccount. Very impressed with the whole process from Hodge Bank.

Ocelot

I've had accounts with Secure Trust for a few years, and they're fine.

Bigwheels1111

I  would not fix for more than 6 months at this moment in time, rates are moving up on a daily basis.

CheekyMikey

Bigwheels1111 said:

I  would not fix for more than 6 months at this moment in time, rates are moving up on a daily basis.

At some point though you’ve got to decide on an acceptable rate to fix at, otherwise you’re wasting time and money hanging on indefinitely because a better rate might be coming. If you think that 2.5% is what you want, I’d suggest putting something like 25% of the total cash looking for a fixed home into a 1 year fix getting 2.23% and hold the rest in the best easy access for a few weeks. When that higher rate of 2.5% does appear, put the rest in. Staggering your fixes is not a bad way  to do things in times of fast moving rates…

RobM99

It's a tricky one, I think it would be a tad daft to fix  for, say three years or more at the moment.

CheekyMikey

RobM99 said:

It's a tricky one, I think it would be a tad daft to fix  for, say three years or more at the moment.

I think you’d be daft to fix for any more than a year at the moment unless a 2 or 3 year fix at 4-5% appears..as I said, I wouldn’t fix all my money in a 1 year bond all at one go but stagger it over a few months in case as is likely better rates become available. But leave it any longer than that then you’d have been as well off fixing at a slightly lower rate now…

RobM99

OK - I've gone for a one-year @ 2.27%. 

garyelder

Just done a tandem 2.26% fixed bond for a year