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Fixed Savings with Monthly interest to nominated account
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bigguy201
Posts: 24 Forumite
Hello everyone!, does anyone know of any Fixed term savings account were interest is paid monthly to your nominated account? or do these even exist?
Fixed term rates are very tempting but would need some income from it.
Many thanks for your help
Fixed term rates are very tempting but would need some income from it.
Many thanks for your help
0
Comments
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Look at Ford Money - I don't know what they have available at the moment but I took out a 5 year fix with them a couple of months ago that does exactly that. Even better (with the account I have, anyway) you can swap between monthly and annual interest at any point!1
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Savings Champion have a list of the current top 5 fixed rate accounts that have an option of paying away interest monthly..
https://savingschampion.co.uk/best-buys/personal/monthly-income-accounts
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There are plenty - just filter the search on Best Fixed Rate Bonds | moneyfactscompare.co.uk
4.57% currently available
#2 Saving for Christmas 2024 - £1 a day challenge. £325 of £3661
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