6 Month Fixed bond with Habib Zurich @ 5.75% AER

Just been advertised on MSE but when you go to the site its only offering 5.30% AER for 6 month and 5.8% for 1 yr - what gives?

Comments

  • jimjames
    jimjames Posts: 17,489
    Photogenic Name Dropper First Anniversary First Post
    Forumite
    edited 6 November 2023 at 9:09PM
    Whatever is on their site is the rate you'll get. Maybe the product has been withdrawn since MSE wrote the article
    Remember the saying: if it looks too good to be true it almost certainly is.
  • Clearly withdrawn very recently as moneyfacts is also showing 5.75%
  • jimjames said:
    Whatever is on their site is the rate you'll get. Maybe the product has been withdrawn since MSE wrote the article
    Well of course but its only been posted a few days so cant see it would have dropped so quickly - banks usually make an offer for more than 1 day
  • refluxer
    refluxer Posts: 2,533
    First Anniversary First Post Photogenic Name Dropper
    Forumite
    Aldog01 said:
    jimjames said:
    Whatever is on their site is the rate you'll get. Maybe the product has been withdrawn since MSE wrote the article
    Well of course but its only been posted a few days so cant see it would have dropped so quickly - banks usually make an offer for more than 1 day
    It's actually pretty common for top-paying accounts to only be around for a short time at the moment, especially when they're featured on popular sites like MSE or Martin Lewis's TV program. There have been instances where some have only been available for less than a day - literally a matter of hours !
  • wmb194
    wmb194 Posts: 3,097
    First Post First Anniversary Name Dropper Photogenic
    Forumite
    refluxer said:
    Aldog01 said:
    jimjames said:
    Whatever is on their site is the rate you'll get. Maybe the product has been withdrawn since MSE wrote the article
    Well of course but its only been posted a few days so cant see it would have dropped so quickly - banks usually make an offer for more than 1 day
    It's actually pretty common for top-paying accounts to only be around for a short time at the moment, especially when they're featured on popular sites like MSE or Martin Lewis's TV program. There have been instances where some have only been available for less than a day - literally a matter of hours !
    And Habib Zurich is very small so it makes it even more likely to be short lived.
  • sta0612
    sta0612 Posts: 45
    Name Dropper First Post First Anniversary Combo Breaker
    Forumite
    This account was on offer since September, perhaps earlier. Not sure why MSE decided to feature it recently - I didn't see the article - but as pointed out above, that probably led to it being withdrawn.
Meet your Ambassadors

Categories

  • All Categories
  • 341.6K Banking & Borrowing
  • 249.7K Reduce Debt & Boost Income
  • 449K Spending & Discounts
  • 233.6K Work, Benefits & Business
  • 605.9K Mortgages, Homes & Bills
  • 172.4K Life & Family
  • 246.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.8K Discuss & Feedback
  • 15.1K Coronavirus Support Boards