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Good time to lock or better wait?

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Comments

  • Albermarle
    Albermarle Posts: 28,522 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    I am sorry for asking something that might sound stupid, but what do you mean with regular saver bonds and normal bonds? what's the main difference?

    Savings - All Guides - MoneySavingExpert

  • HumberFlyer
    HumberFlyer Posts: 212 Forumite
    Third Anniversary 100 Posts Photogenic Name Dropper
    I fixed last year as rates started to drop even though base rates were still going up.
    I could have go around 0.75% more this year, but would have lost thousands between last year and this year if I waited.
    What I would do looking at the top 1 year fixed is go with atom. They are great to deal with.
    Rates dropped last night, from 6.1% to 6.05%.
    I think you get a 14 day funding window, could be longer.
    So open the account today and wait to see if the boe rise puts rates up int the next 10 days.
    If they do, fund a different account. If not fund the Atom account.
    Best of both worlds.


    Just for the record.... You get 7 day only funding window with Atom
  • jaceyboy
    jaceyboy Posts: 245 Forumite
    100 Posts Second Anniversary Name Dropper Photogenic
    Personally I would wait...
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