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Shawbrook 6 month fixed 2%

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  • Vortigern
    Vortigern Posts: 3,302 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 9 June 2022 at 1:24PM
    Issue 1 was withdrawn just before the launch of issue 2.
    Perhaps issue 3 is coming soon? - at a better rate?

    Ignore the above. I should have checked first. Issue 3 launched at 1.75% as posted by Sea_Shell below.
  • SJMALBA
    SJMALBA Posts: 1,081 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    edited 9 June 2022 at 4:50PM


    Already got this fix and was hoping to transfer a soon to mature 1yr fix  to it , however looks like I won't be able to now 

    Also was waiting for June's Bank of England Interest decision in case it goes up 


    I, too, have another bond maturing soon, and had hoped to move the money into this Shawbrook bond, but it's not to be...

    On a more positive note, however, today I received my first monthly interest payment from Shawbrook! 😀

  • Bigwheels1111
    Bigwheels1111 Posts: 3,043 Forumite
    1,000 Posts Third Anniversary Name Dropper
    What a downer, I wanted this for next month for my first pot.
    Will just have to be Chase if no better option comes along.
    Short term fixed looks good to me as a possible 5 boe base rate rises could hit buy December the 15th.
    But who knows.
    I would like 3, five year fixed accounts with annual payouts.
    5% would be nice 😊 
  • I managed to top up my one month in account, so 5 months on extra deposit at 2% AER 

    Was holding it back for a higher issue 3.
  • Patr100
    Patr100 Posts: 2,784 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 10 June 2022 at 10:47AM
    What a downer, I wanted this for next month for my first pot.
    Will just have to be Chase if no better option comes along.
    Short term fixed looks good to me as a possible 5 boe base rate rises could hit buy December the 15th.
    But who knows.
    I would like 3, five year fixed accounts with annual payouts.
    5% would be nice 😊 
    If you were not desperate to get your money in the meantime , Zopa will give you 1.45% for a month's wait for access, or 1.60% for 90 days wait for access.
  • janusdesign
    janusdesign Posts: 1,003 Forumite
    Part of the Furniture 500 Posts Photogenic Name Dropper
    What a downer, I wanted this for next month for my first pot.
    Will just have to be Chase if no better option comes along.
    you can still get the Shawbrook 2% 6-month fixed account, though only if you were to go via Flagstone (i've never used them myself and don't use third-party investment methods like these).
    if you look at the Moneyfacts tables, there's still another bank offering 2% for 6 months, and one offering 1.96%
  • Flagstone's one was minimum £10,000, instead of £1,000 direct with Shawbrook, though table doesn't show that, following link.
  • Patr100
    Patr100 Posts: 2,784 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 13 June 2022 at 1:57PM
    I'm on the 2% Shawbrook and it's been just over  a month since full deposit - but no interest on account statements etc .
    I thought I selected monthly interest on application but there's no record of that - T & C info is just generic?  To confirm, is there any other place to look other than trying to contact them?
  • janusdesign
    janusdesign Posts: 1,003 Forumite
    Part of the Furniture 500 Posts Photogenic Name Dropper
    Patr100 said:
    I'm on the 2% Shawbrook and it's been just over  a month since full deposit - but no interest on account statements etc .
    any chance the interest has been paid into the nominated account ?
    i'm pretty sure I selected interest on maturity when I opened mine, but as you say, I can't see anywhere (on the site, in the pdfs or emails) that confirms it either way... I suspect you might need to send them a secure message to check your interest status.
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