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Fixed rate saver

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Comments

  • Frogletina
    Frogletina Posts: 3,922 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I've opened 5 fixed rate accounts over the last few months and not funded any but it gives me a month each time to transfer in incase they get withdrawn.

    It's not long ago I opened a fixed rate saver at 1.3%, but didn't fund that either.

    In the meantime I'm getting 1.95% in Zopa and 1.80% in a flexible Isa
    Not Rachmaninov
    But Nyman
    The heart asks for pleasure first
    SPC 8 £1567.31 SPC 9 £1014.64 SPC 10 # £1164.13 SPC 11 £1598.15 SPC 12 # £994.67 SPC 13 £962.54 SPC 14 £1154.79 SPC15 £715.38 SPC16 £1071.81⭐⭐⭐⭐⭐⭐⭐⭐⭐Declutter thread - ⭐⭐🏅
  • as most people had said above,  it is unlikely that you will be able to close the account as fixed means you can;t access it until the end of the term.   however, the exception is if it is an ISA which incurs some sort of penalty.
    it's hard to make decisions at the moment,  a few weeks ago i did a 9 month fix at 2.3%.   now you can get a 6 month fix at that rate.
    next week it may change again!
  • Bobblehat
    Bobblehat Posts: 1,171 Forumite
    Eighth Anniversary 1,000 Posts I've been Money Tipped! Name Dropper
    ....
    it's hard to make decisions at the moment,  a few weeks ago i did a 9 month fix at 2.3%.   now you can get a 6 month fix at that rate.
    next week it may change again!
    ..... or a 90 day notice at that rate, and for some, a £30 bonus thrown in for 95 day notice at just a smidgeon less (2.26%)
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