Notice Accounts

Burcot

Hoping for a spate of interest hikes over next few days - who will be first?  

allegro120

Burcot said:

Hoping for a spate of interest hikes over next few days - who will be first?  

I'll be watching the space. I have scheduled withdrawals in 90 days Mansfield tracker (NLA) that pays BoE rate. If any any provider will beat 90-days 4.50% offer I will stop cancelling my withdrawals and gradually redirect the funds. I doubt this will happen, but who knows, it's always worth monitoring.

Minty33

Investec 90 day Notice Saver 4.25%  5K minimum

Burcot

One of my 90d accounts closes in 3 days (investec) and I am hoping something over 4% appears this week.  I am already trapped in an earlier 90d Cynergy account (less that 4%) until July so cannot use that option or go over the protected amount. Come on banks show us what you are made of and pass on the recent interest rise speedily! 

aaj123

Notice accounts have a good utility now in conjunction with long period zero interest credit cards. Stoozing out 4% interest per year (even accounting for highest tax bands) easily beats even the best cashback credit cards. 

jaypers

Really think Investec’s increase on their 90 Day to 4.25% is attractive and a great balance between easy access and longer fixed term rates. I’m in. 

aaj123

Burcot said:

One of my 90d accounts closes in 3 days (investec) and I am hoping something over 4% appears this week.  I am already trapped in an earlier 90d Cynergy account (less that 4%) until July so cannot use that option or go over the protected amount. Come on banks show us what you are made of and pass on the recent interest rise speedily! 

Investec itself offering 4.25% on 90 day now.

Burcot

Thats good news re Investec.  Will wait 2 days and if no better deals surface will continue with Investec for another 90 days.  

PhilFox1985

That's very competitive from investec, and they pass straight through rather than making you switch to a new issue etc. (I belive from prior increases).

I'll be cancelling my dis-investment instruction....and re-starting the clock.

Cambsalex

PhilFox1985 said:

That's very competitive from investec, and they pass straight through rather than making you switch to a new issue etc. (I belive from prior increases).

I'll be cancelling my dis-investment instruction....and re-starting the clock.

I'm with Investec also. Do you trigger the 90 day instruction immediately so you can move it if it gets to something better after 90 days? I had never thought of that. Can you cancel this instruction at any point?